"Bailout" for AIG, but not Lehman Bros. or Merrill Lynch - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

Solon · 09-17-2008, 03:33 PM

"Bailout" in quotes because it's a loan with some pretty thick strings attached. Either way, the feds have rescued them.

Was it a wise move?

http://www.economist.com/finance/dis...tures_box_main

I'm guessing it'll be years until all the ramifications come to light, but what are the initial thoughts?

Financial guys?

09-17-2008, 03:33 PM	#1
Solon Senior Member Join Date: Mar 2007 Location: Happy Valley, PA Posts: 1,866	"Bailout" for AIG, but not Lehman Bros. or Merrill Lynch "Bailout" in quotes because it's a loan with some pretty thick strings attached. Either way, the feds have rescued them. Was it a wise move? http://www.economist.com/finance/dis...tures_box_main I'm guessing it'll be years until all the ramifications come to light, but what are the initial thoughts? Financial guys? __________________ I hope for nothing. I fear nothing. I am free. - Epitaph of Nikos Kazantzakis (1883-1957)