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AIG Fed debt rises to US$45.1 billion NEW YORK -- American International Group Inc.'s draw on a Federal Reserve credit line climbed for a second straight week, reaching the highest in six months. AIG owes US$45.1 billion on the line, compared with US$44.9 billion last week, according to Fed data released today. The New York-based insurer has a US$60 billion line as part of a U.S. bailout valued at US$182.3 billion. Mark Herr, a spokesman for the insurer, didn't immediately return a call seeking comment. |
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