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AIG Claims Pared In $10.5B Countrywide RMBS Suit

By Sindhu Sundar (May 23, 2012, 10:02 PM EDT) -- A California federal judge on Wednesday tossed American International Group Inc.'s federal claims in its $10.5 billion suit over deteriorated underwriting standards at Bank of America Corp. unit Countrywide Financial Corp., agreeing with BofA that those claims have come too late....

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