2008-09-16nypost.com

"On a day when Wall Street was rocked to its core following the bankruptcy of Lehman Brothers and the quickie marriage of Merrill Lynch and Bank of America, AIG feverishly tried to buy itself more time from the downgrade by negotiating with banks to provide the insurer a whopping $75 billion loan from JPMorgan Chase and Goldman Sachs."



Comments: Be the first to add a comment

add a comment | go to forum thread