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AIG spurns calls for a breakup, opts for streamlining instead
Published Wed, Jan 27, 2016 · 09:50 PM
New York
AT American International Group, big is still better, at least for now.
The insurance giant, which became the starkest example of "too big to fail" when it had to be rescued by the government during the financial crisis, is now trying to streamline itself to be more profitable and to fend off activist investors who are calling for it to be broken in three.
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