Tuesday, September 16, 2008

There she blows!

Banks Can't Help AIG. Will Uncle Sam?

American International Group continues to plead for assistance in a meeting at the Federal Reserve Bank of New York Tuesday with time running out and prospects fading for a private bank-led rescue. "No one was willing to step up," the source said, adding that the sums are just too staggering without any participation from the government.

Posted by paul @ 07:06 PM (542 views)
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One thought on “There she blows!

  • YES.

    A loan package is being worked out…will post info when it comes out.

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