Fed Bails Out AIG With $85 Billion Emergency Loan

NEW YORK - SEPTEMBER 17: Pedestrians walk in front of a American International Group, Inc. (AIG) building September 17, 2008 in New York City. The Federal Reserve rescued American International Group yesterday from collapse by lending the US's largest insurer up to $85 billion in exchange for nearly 90 percent stake in the company. (Photo by Spencer Platt/Getty Images)
NEW YORK - SEPTEMBER 17: Pedestrians walk in front of a American International Group, Inc. (AIG) building September 17, 2008 in New York City. The Federal Reserve rescued American International Group yesterday from collapse by lending the US's largest insurer up to $85 billion in exchange for nearly 90 percent stake in the company. (Photo by Spencer Platt/Getty Images)
Fed Bails Out AIG With $85 Billion Emergency Loan
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September 17, 2008
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