AIG Has Used Much of Its $123 Billion Bailout Loan

The troubled insurance giant American International Group already has consumed three-quarters of a federal $123 billion rescue loan, a little more than a month after the government stepped in to save the company from bankruptcy. Full Story »

Posted by Derek Hawkins

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Michon Wynn
4.0
by Michon Wynn - Oct. 26, 2008

The article makes readers feel like all of the decisions for the major loan companies is just chance taking with their eyes closed.

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