Breaking News Alert
The New York Times
Tuesday, September 16, 2008 -- 7:21 PM ET
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Fed to Give A.I.G. $85 Billion Loan and Take 80% Stake
In an extraordinary turn, the Federal Reserve agreed Tuesday
to take a nearly 80 percent stake in the troubled giant
insurance company, the American International Group, in
exchange for an $85 billion loan.
Read More:
http://www.nytimes.com/?emc=na
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