Wednesday, October 08, 2008
This Should Free Up More Money for Future Executive Spa and Resort Junkets
Today the Federal Reserve Board gave AIG $37.8 billion on top of the $85 billion bridge (to nowhere) loan they have already received, saying that it addresses AIG's "rapidly dwindling supply of cash." Apparently, it wasn't dwindling enough for them to cancel their exclusive resort retreat, but I guess the Fed knows best.
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