N.Y. Fed Says Aig Lawyers Put In Waiver

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July 10, 2010 Saturday

Section B; Column 6; Pg. 3

40 words

N.Y. FED SAYS AIG LAWYERS PUT IN WAIVER

Serena Ng

Federal Reserve Bank of New York says lawyers for American International Group Inc put forth legal waiver in connection with AIG’s credit-derivative cancellation contract with several other banks, and that Fed did not force AIG into waiver (M)

July 12, 2010