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Fed Gives AIG $85 Billion Loan
By Claude R. MarxWASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.
WASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.