AIG Has Used 3/4 of Its $123 Billion Bailout Loan Already

Courtesy Digg - Business & Finance  Sat, 10/25/2008 - 08:10

The troubled insurance giant American International Group already has consumed three-quarters of a federal $123 billion rescue loan, a little more than a month after the government stepped in to save the company from bankruptcy.


 

Related items

AIG to pay $503 MILLION to employees. You get JACK...
American International Group plans to pay out $503 million in deferred compensation to some of its top employees, saying it must tap the funds to keep valuable workers from exiting the...

U.S. unveils $40 billion in aid to AIG
The government on Monday provided new assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership.

Fed grants AIG $37.8 billion loan
The Federal Reserve on Wednesday agreed to provide insurance giant American International Group Inc. with a loan of up to $37.8 billion, on top of one made to the troubled company last month.

50 #0 6x10 KRAFT BUBBLE MAILERS PADDED ENVELOPES 6 x...
50 - #0- 6" x 10" (6" x 9.25" usable space) Padded Bubble Mailers Self - Sealing Bubble Mailers Our bubble mailers are laminated to a 55 lb Kraft paper and have bubble that runs all the way...

Palm TX Travel Charger


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com