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Why The Fed Should, And Probably Will, Give AIG A Loan To Help Fight Off Bankruptcy

Chad Brand | Tue, 09/16/2008 - 1:35pm |  1 comment

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The Federal Reserve Bank serves as the "lender of last resort" in this country, meaning they stand ready to lend when nobody else will. For this reason, I think the government will give AIG the bridge loan it believes it needs to try and avoid filing bankruptcy. Keep in mind that this is not a bai
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