Tycoon Broad gives up on AIG
China Daily | Updated: 2009-03-11 08:00
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Eli Broad, founder of The Broad Foundation, at the Milken Institute Global Conference in Los Angeles, California. Bloomberg News |
Eli Broad, a former director and shareholder of AIG who joined other investors last year to hatch a plan to reclaim the insurer from federal ownership, said he has thrown in the towel.
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