From the Right

Observing my upside down America

Fed Agrees to Loan AIG $37.8B

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CHARLOTTE, North Carolina — The Federal Reserve on Wednesday agreed to provide insurance giant American International Group Inc. with a loan of up to $37.8 billion, on top of one made to the troubled company last month.

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Written by Ben

October 8, 2008 at 6:43 pm

Posted in Market Meltdown

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