AIG has the strength to take an $85 billion donation
So now the government is bailing out American International Group:
Well, this time, anyway. But the commercial below was just a little misleading, huh? AIG wasn't going to prevent any nightmares.
In the most far-reaching intervention into the private sector ever for the Federal Reserve, the government stepped in Tuesday to rescue American International Group Inc. with an $85 billion injection of taxpayer money.Hey, it's just $85 billion, and with that money, AIG will have the strength to be there!
Well, this time, anyway. But the commercial below was just a little misleading, huh? AIG wasn't going to prevent any nightmares.