AIG (AIG) Begs For Cash

Posted: September 15, 2008 at 12:13 am

Aig_2AIG (AIG) is seeking a short-term loan from the Fed in the amount of $40 billion.

The Insurance firms says it will pay that back shortly from asset sales.

In the current crisis, that might be a little hard to believe.

Douglas A. McIntyre

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