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Environmental Law

: Environmental Law Prof Blog

AIG to be acquired by Fed at a cost of $ 85 billion

By Susan Smith

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The Federal Reserve is reportedly taking a nearly 80 percent stake in the world's largest insurance company, the American International Group, in exchange for an $85 billion loan. All of AIG?s assets would be pledged to secure the loan and...

Full post as published by Environmental Law Prof Blog on September 16, 2008 (boomark / email).

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