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Meanwhile, Under Pressure Company Will Cancel Over 160 Events

ABC News has learned that the beleaguered insurance company AIG is still paying hundreds of thousands of dollars for a luxury suite at Madison Square Garden, the home of the New York Knicks and Rangers. AIG told ABCNews.com that the contract for the suite was signed in February and is for the exclusive use of its "brokers and clients." "We have a number of sponsorships and commitments that are all being reviewed right now," said AIG spokesperson Peter Tulupman. While Tulupman would not... Full Story
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