Federal Government Grants AIG A New Bailout Package
Posted on November 11, 2008 at 04:38 AM EST
American International Group Inc. (AIG) got a $150 billion government rescue package - almost double the initial bailout deal of less than two months ago and the largest ever granted to a private U.S. company - as the ailing insurer continues to burn through its cash at an accelerating rate. The New York-based ...
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