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Taxpayer loss on auto bailout narrows

Taxpayer loss on auto bailout narrows

The government expects to recover more money than anticipated from the auto bailout as it pulls back financially from the sector, but taxpayers still face billions in potential losses, the White House said.

 

AIG and government agree on plan to pay back taxpayers

American International Group Inc and the U.S. government agreed on a plan that would see the insurer repay taxpayers fully for bailing it out at the height of the financial crisis.

 

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