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Legal Conundrum: AIG Insurance Covers Goldman Sachs Executives

Directors and Officers of embattled Goldman Sachs Group Inc. (GSG) have liability cover provided by American International Group Inc. (AIG). AIG in turn is considering to sue GSG for the roughly US$2 billion (EUR 1.47 billion) in losses incurred whilst holding guarantees to Collateralised Debt Obligations (CDO) issued by GSG.

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