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Tylerdee's Political Underground
Posted by tylerdee in Latest Breaking News
Wed Oct 08th 2008, 04:45 PM
Source: ClusterStock.com

Under this program, the New York Fed will borrow up to $37.8 billion in investment-grade, fixed-income securities from AIG in return for cash collateral. These securities were previously lent by AIG’s insurance company subsidiaries to third parties.

Read more: http://www.clusterstock.com/2008/10/aig-ta...
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