Saturday, October 04, 2008

AIG might need a bailout bailout

So, that $85 billion dollar loan that AIG took from you n' me - it was supposed to buy them some time until they could sell off assets. Well, they've burned through $61 billion and haven't started selling off any assets yet, nor is it clear that there will be any buyers. There's a possibility that they're going to need a bailout bailout. Brother, can you spare $100B?

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