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IPFS News Link • Bush Administration

AIG May Get $85 Billion Loan, Cede Control, NYT Says

09-16-2008 • Bloomberg.com

Sept. 16 (Bloomberg) -- American International Group Inc., the biggest U.S. insurer by assets, may get an $85 billion bridge loan from the Federal Reserve (WTF? The Federal Reserve is proping up Insurance Companies now?)

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Reported By Ernest Hancock

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