Fed offers $85B loan to bail out AIG -- and why it matters to you - News, Weather, Sports, Toledo, OH

Fed offers $85B loan to bail out AIG -- and why it matters to you

Posted by Kate Oatis email

In an unprecedented move, the Federal Reserve Board is lending as much as $85 billion to rescue crumbling insurer American International Group, officials announced Tuesday evening.

Click to read "Why AIG matters to you."

 

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