http://www.time.com/time/business/article/0,8599,1841699,00.html
A huge question in the business world right now is "What will the consequences be if AIG fails?" and the only answer they can come up with is "chaos". This article shows how no one really understood the serious problems AIG was having until this past week, and no one realized how much was building up. So, the government stepped in.
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Yeah, if it wasnt for the Fed loaning $85 Billion dollars to AIG it would have been a massive economic loss. No one else would reasonably loan AIG this kind of cash.
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