Tag(s): ; ; ; ; ; ; ;
Add to My Group
     
View Article Stats      (1 comment)

U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject Cash as Credit Dries Up

Quicklink submitted by Rob Kall
(Add your own quicklinks easily with the
OpEdNews Quick Link Browser bookmark)


Tell A Friend
SAVE AS FAVORITE
VIEW FAVORITES
FACEBOOK
submit to twitter
submit to reddit
submit to stumble upon

View Ratings | Rate It

Emergency Loan Effectively Gives Government Control of Insurer; Historic Move Would Cap 10 Days That Reshaped U.S. Finance. The U.S. government seized control of American International Group Inc. -- one of the world's biggest insurers -- in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system.

Read the rest of the story HERE:


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Weird by Peter Casier on Wednesday, Sep 17, 2008 at 3:19:18 PM