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American International Group (AIG) is an international insurance corporation headquartered in New York City. It faced financial crisis in 2008 due to losses from credit default swaps on subprime mortgages. As the housing market declined, AIG was forced to post billions in collateral. It received a $85 billion bailout from the US government in September 2008 in exchange for equity. The bailout impacted stakeholders like taxpayers, shareholders, employees and the government.

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