October 9, 2008

Thursday, October 9, 2008

AIG gets $37.8 billion more in federal money

  Some of us are still getting over the $85 billion bailout insurance conglomerate AIG got from the federal government a few weeks ago. Now comes word AIG is getting billions more in federal money. You’d think the company would have sold off some of its vast assets before coming back to the bailout well again, but no. Yesterday it was announced, the New York Federal Reserve is lending […]