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New Expense Policies from Bailed-out Companies

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Companies that received government aid including American International Group Inc.(NYSE: AIG), Citigroup Inc(NASDAQ: CCBG), Bank of America Corp(NYSE: BAC), General Motors Co(NYSE: GRM) and Chrysler LLC., have announced a new policy to limit expenses. The new policy is in compliant with the requirements of U.S. Treasury loans as well as the requirements of the (Emergency Economic Stabilization Act) rules

 

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