AIG to Get $85 Billion Loan, Give Up 80% Stake
Topics:Federal Reserve | Banking
Sectors:Insurance | Financial Services | Banks
Companies:American International Group Inc| 16 Sep 2008 | 07:38 PM ET Font size: American International Group will get a $85 billion bridge loan from the federal government in exchange for an 80 percent stake in itself, allowing it to avoid bankruptcy, sources have told CNBC.
Dow futures gone from 100 down to 100 up now.
worrying wednesday, page-39
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