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Warren decries AIG tax deal as another bailout

By Sarah Schweitzer
Globe Staff / March 13, 2012
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Democratic US Senate candidate Elizabeth Warren has joined other former members of a watchdog panel in condemning a tax exemption given to American International Group Inc., saying it amounts to another bailout for the insurance giant. The tax break, given at the height of the financial crisis, is worth billions of dollars and comes atop the $182 billion that AIG received in 2008, according to Warren and other former members of the Congressional Oversight Panel for the Troubled Asset Relief Program.

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