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AIG chief responds to outrage over jolly days claim

AIG group chief executive officer Edward Liddy has hit back at press reports of AIG executives living it up at an expensive corporate 'jolly' days after the insurer's bailout.

In a letter to Henry Paulson, secretary of the treasury, he said: "I am writing to clarify an issue that was discussed at a hearing held yesterday by the House Committee on Oversight and Government

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