With its $182 billion bailout under renewed scrutiny, New York-based American International Group Inc. released details of the securities held in its Maiden Lane III business.
Created by company and the government to house toxic assets, the inner workings of Maiden Lane III were revealed in a filing with the Securities and Exchange Commission. The move comes on the heels of Rep. Darrel Issa (R.-Calif.) released the information as part a probe by the House Committee on Oversight and Government Reform.
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