09-17-2008, 03:33 PM | #1 |
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Join Date: Mar 2007
Location: Happy Valley, PA
Posts: 1,866
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"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?
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