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Congressman Asks for End to Barclays Naming Rights

Rep. Bill Pascrell, the Passaic County Democrat whose district borders the Meadowlands, has asked the Treasury Department to "intervene" and stop Barclays Bank from going ahead with a naming rights agreement on the Nets' new arena. Pascarell notes insurer AIG provided billions to the British bank. Treasury bailed out AIG so it could pay claims from troubled banks, including Barclays.