AIG bailout explained

Posted: September 17, 2008 in miscellany
Tags: , ,

Not that I want to turn Breezeblog into a financial blog, but given the far-reaching impact the AIG problem could have on the world markets, let alone Bermuda, I thought this blog from Kevin LaCroix’s D&O Diary is worth reading as it explains what is happening in layman’s terms:

A Closer Look at the Fed’s $85 Billion AIG Bailout : The D & O Diary

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