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AIG in crisis control

Tuesday 16th of September 2008
Lindsay said whatever the outcome of AIG’s desperate attempts to raise more capital in the US, clients of its New Zealand subsidiary would continue to be covered.

He said AIG should have no problem selling its New Zealand assets if necessary.

The New Zealand AIG business has allegedly been on the market for some time.

“This is an orderly marketplace,” Lindsay said. “If AIG chooses to sel...

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