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AIG, U.S. Move Closer To Bailout Exit Deal

Reuters | Paritosh Bansal | Posted 05.25.2011 | Business

American International Group Inc and the U.S. government are moving closer to a deal on how the Treasury Department would exit its investment in the b...

Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 05.25.2011 | Business

OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now know...

Ambac Split Avoided in Capital Plan

AP | STEPHEN BERNARD and MICHAEL GORMLEY | Posted 05.25.2011 | Business

NEW YORK — Ambac Financial Group Inc.'s plan to try to sell $1.5 billion in stock in a bid to safeguard its critical "AAA" financial-strength ra...

Merrill Sells $6.2 Billion Stake To Temasek

AP | Posted 05.25.2011 | Business

Investment bank Merrill Lynch & Co. said Monday it sold a stake in itself to Temasek Holdings and Davis Selected Advisors for $6.2 billion as it looks...