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Tag: $85 billion

 

ETFs: The real reason for the Fed’s AIG bailout

Published on September 17, 2008

“We can’t say we’re surprised. While workers at Lehman might feel somewhat aggrieved, it seems the Fed decided that AIG really was too big to fail.” — John Stepek
Blogger’s note: So why would the Fed bailout AIG after leaving Lehman Brothers hanging only days earlier? The real reason, according to John Stepek of the [...]

Posted by John Stepek · Filed Under US Stocks and Markets | Leave a Comment