Fed in AIG rescue - $85B loan

09-17-2008, 12:07 PM

strandinthewind strandinthewind is offline

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Join Date: Feb 2003

Location: New York City

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Quote:

Originally Posted by mylittledemon

It's just more money to tack onto our national debt.

Well, this is a loan that hopefully AIG will pay back. Techincally, the govt. did not actually give them money. But, seeing as how we are currently in debt, the US is merely the middle man in the lending process and you are correct.

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