Fed in AIG rescue - $85B loan - Sep. 16, 2008
source: http://money.cnn.com/2008/09/16/news/companies/AIG/index.htm?eref=rss_topstories
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- starr111
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Fearing a financial crisis worldwide, the Federal Reserve reversed course on Tuesday and agreed to an $85 billion bailout that would give the government control of the troubled insurance giant American International Group.
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extremepain
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Once again, the republicans are more than willing to socialize the banking industry. But doing something as trivial as offering universal healthcare? Pshaw.
- 3 years ago
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extremepain
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globewatcher
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so the government ruins the economy and buys up ruined companies for cheap. great business plan.
- 3 years ago
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globewatcher
