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The price tag looks steep, but the coverage resolves investor worries about the adequacy of AIG's reserves, says CFRA analyst Cathy Seifert.
The offer from IEG Holdings, which offers consumer loans of up to $10,000 under the 'Mr. Amazing' brand, amounts to about half of OneMain's current market value.
The Republican commissioner at the Commodity Futures Trading Commission is a top candidate to become the agency's next full-time chief and someone who critics insist would deregulate derivatives.