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AIG to Sue Bank Of America Over Mortgages
NEW YORK—American International Group Inc. plans to sue Bank of America
Corp. Monday in an effort to recover more than $10 billion it lost on
mortgage investments, and intends to object to the lender's proposed
settlement with other mortgage-bond investors.
NEW YORK—American International Group Inc. plans to sue Bank of America
Corp. Monday in an effort to recover more than $10 billion it lost on
mortgage investments, and intends to object to the lender's proposed
settlement with other mortgage-bond investors.