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American International Group Inc. said Wednesday it received $40 billion from the Treasury Department as part of the government's latest plan to help the embattled insurer stay in business. The money will come from the Treasury's $700 billion financial services investment program that is aimed as improving the ongoing turmoil in the credit markets.

link: (http://biz.yahoo.com/ap/081126/aig_investm...)
submitted by: dizaster   Nov 26, 2008
category: News keywords: money, aig, bailout, treasury, debt
Discuss It!
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What's another $40 Billion. They're just numbers...
posted by: Adam87     Nov 27, 2008
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Yeah, it's just value being relocated from your savings account, right?
posted by: safeshark     Nov 27, 2008

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