Fed to Give A.I.G. $85 Billion Loan and Take 80% Stake

[David Farber <dave () FARBER NET>]

Begin forwarded message:

From: "NYTimes.com News Alert" <nytdirect () nytimes com>
Date: September 16, 2008 7:22:11 PM EDT
To: dave () FARBER NET
Subject: News Alert: Fed to Give A.I.G. $85 Billion Loan and Take 80%  
Stake
Reply-To: nytdirect () nytimes com

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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