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Thursday, 26 May 2016

AIG exit ties up one loose end for Geithner

Unwelcome legacy

The Treasury secretary can rest a tad easier. He can now claim to have extracted the U.S. from its contentious $182 bln bailout of the insurer with a profit of $23 bln. But other Geithner legacies will weigh on his successor - notably an unreformed housing finance system.

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