Breaking News Alert
The New York Times
Tuesday, September 16, 2008 -- 8:00 PM ET
-----
Fed Readies A.I.G. Loan of $85 Billion for an 80% Stake
The Federal Reserve was close to a deal Tuesday night to take
a nearly 80 percent stake in the troubled giant insurance
company, the American International Group, in exchange for an
$85 billion loan, according to people briefed on the
negotiations.
An earlier news alert, overstating the progress of the talks,
incorrectly reported that a deal had been completed.
Read More:
http://www.nytimes.com/?emc=na
-----
Now get the New York Times Breaking News to your mobile phone. Sign up
for the alerts by texting NEWSALERTS to 698698 (NYTNYT).
-----
About This E-Mail
You received this message because you are signed up to receive Breaking News
Alerts from NYTimes.com.
To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email
NYTimes.com
620 Eighth Ave.
New York, NY 10018
Copyright 2008 The New York Times Company
