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AIG, Countrywide File Competing Fraud Suits

By Jessica Dye ( March 20, 2009, 12:00 AM EDT) -- Former mortgage giant Countrywide Bank FSB and a mortgage-insurance subsidiary of American International Group Inc. have hit one another with separate lawsuits relating to hundreds of millions of dollars in insurance policies Countrywide took out with the AIG unit on risky mortgage loans....

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