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September 16, 2008

Oh, Yeah ~ That's Worth

...a buttload.

...The Fed said in return for the loan, the government will receive a 79.9 percent equity stake in AIG.

Nothing like rock solid collateral.

Posted by tree hugging sister at September 16, 2008 09:53 PM

Comments

Yay, another guvmint owned corporation.

Posted by: The_Real_JeffS at September 17, 2008 12:45 AM