AIG lays out plan to repay U.S. debt

American International Group (AIG) said Thursday it plans to repay in full its debts to U.S. taxpayers. AIG said it would pay back the Federal Reserve Bank of New York’s $20 billion loan by the end of the first quarter of 2011. Other debt payments include $26 billion in two special purpose vehicles that hold its AIA and ALICO units. AIG will also retire $49 billion under the U.S.’s Troubled Asset Relief Program. Under the plan…

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