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Fed To Rescue AIG - Inviting Non-Political Discussion
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kstar
Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
Basically, it's an $85B Fed loan for 80% equity in AIG; the company will be, more or less, nationalized as far as ownership.
Let's hope hope it turns out to be a good investment for the taxpayers!
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Kurt
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09-16-2008, 06:20 PM
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