AIG Lenders Pay For Discriminating Against Blacks
By
The Editors
|
March 9th, 2010
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Category:
Economic Justice
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By Doug Miller
Two subsidiaries of American International Group Inc. (AIG), the “ too big to fail” insurer that received one of the biggest slices of the federal financial services bailout, will pay more than $6 million to settle allegations that they discriminated against African Americans by charging them higher fees for mortgages transacted during a period from 2003 to 2006.
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