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American International Group is likely done going after banks that mishandled mortgage-backed securities before 2008, reports Financial Times.

It adds the company has “recovered more than $2 billion in settlements with banks over…soured mortgage bonds” to date, and that it’s been happy with the results of negotiations.

Read more about AIG and why it pursued legal action against banks (you must be FT subscriber to access).

Also check out:

AIG may sue U.S. government

Thanks for the bailout? No thanks

Originally published on Advisor.ca

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