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: The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C.

Bailout of AIG

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From the Reuters via Yahoo! News: "AIG rescue calms markets, HBOS and Lloyds in talks," by Douwe Miedema and Tony Munroe--

An $85 billion dollar U.S. lifeline for American International Group gave some respite to battered financial stocks, while the UK's biggest mortgage lender HBOS and Lloyds TSB contemplated a merger which would reshape British banking.

Shares in Britain's HBOS were initially sharply lower for a sixth consecutive day on Wednesday, but recovered after a source familiar with the matter confirmed a report that it was in merger talks with Lloyds TSB.

--Posted by Godfrey Illinois personal injury lawyers and the Alton Illinois truck accident attorneys of Schaeffer & Lamere, P.C., handling Illinois car accident, Illinois personal injury, products liability, workers' compensation, medical malpractice, truck accidents, and all other types of injury cases.

Full post as published by The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C. on September 17, 2008 (boomark / email).

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