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AIG May Not Be 'Too Big To Fail' After All: Experts

Law360 (March 18, 2009, 12:00 AM EDT) -- As American International Group Inc. chief Edward M. Liddy faced a congressional committee Wednesday to explain a baffling $165 million in employee bonuses, and as ire over the massive government bailout of AIG hits new highs, some legal experts are starting to rethink whether AIG really is “too big to fail.”

AIG, the nation's largest insurer, has staunchly argued that its failure could shake the global economic system to its core and so far, the federal government has obliged, providing the conglomerate with nearly $200 billion...
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