Government Bails Out AIG With $85 Billion Loan 1 Minutes 8 Seconds
Government Bails Out AIG With $85 Billion Loan YouTube link
Author
AssociatedPress
Created
September 16, 2008
Updated
January 8, 2009
Length
1 Minutes 8 Seconds
Rating
4.33
Views
10,405
Description
The Federal Reserve says the U.S. government has agreed to provide an $85 billion emergency loan to rescue the huge insurer AIG. The Fed says the U.S. Treasury Department is in full support of the decision. (Sept. 16)