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The Never-Ending Bailout.

Source :
New York Times. 3/3/2009, Vol. 158 Issue 54603, p26. 0p.
Publication Year :
2009

Abstract

Americans awoke to the news on Monday that federal officials had spent yet another feverish weekend concocting yet another bailout. This time, the Obama Treasury Department -- sounding a lot like the Bush Treasury Department -- promised another $30 billion to the American International Group, the giant insurer. It was the fourth time since September that taxpayers have been called upon to rescue A.I.G. from collapse. It brings the bailout commitment for that one company to some $160 billion. [ABSTRACT FROM PUBLISHER]

Details

Language :
English
ISSN :
03624331
Volume :
158
Issue :
54603
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
36769685