Home Register FAQ Members List Social Groups Calendar Search Today's Posts Mark Forums Read
  #1  
Old 03-02-2009, 11:52 AM
moneysaver moneysaver is offline
Senior Member
 
Join Date: Jan 2009
Posts: 235
Thanks: 7
Thanked 5 Times in 5 Posts
Default More help for AIG

The government has decided to help AIG out again.

They decided to give AIG another extension of $30 billion dollars. The company has spent most of it’s cash trying to find buyers to pick up some of the business, to pay back the government but, to no avail.

At this point they now owe $150 billion.

The federal reserve will take stakes in two of the international units.

This is the forth time they have stepped in to help out this company.
Reply With Quote
Sponsored Links

Reply

Bookmarks

Tags
aig company, federal reserve, pay back

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 11:04 PM.
Style Developed by Andrew Slane

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. 2008
Contact Us - The Smart Dollar - Archive - Top