BUSINESS
03/28/2010 05:12 am ET Updated May 25, 2011

AIG Bailout: 2 Fed Governors Warned Against 'Gifts' To Banks, Documents Show

Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a proposal that would have forced the insurer's trading partners to return $30 billion in cash that they had received from A.I.G. in the preceding months.

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