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American International Group Inc. on Friday disclosed details of the toxic securities that helped trigger a massive taxpayer rescue of the giant insurer.
In a public filing, AIG listed the securities held in its Maiden Lane III business, which the company and the government created to purchase toxic assets, repay debt and provide capital for some of AIG’s operations after its $182.5 billion federal bailout.
The Federal Reserve had previously resisted disclosing details on the securities. It argued that doing so could disrupt the market for those assets, possibly making it harder to sell or unwind them.
