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Money funds may feel AIG hit

China Daily | Updated: 2009-03-10 08:17

Money funds may feel AIG hit

A security guard walks near a sign for American International Group Inc in Tokyo. Bloomberg News

American International Group Inc appealed for its fourth US rescue by telling regulators the company's collapse could cripple money-market funds, force European banks to raise capital, cause competing life insurers to fail and wipe out the taxpayers' stake in the firm.

Money funds may feel AIG hit

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