FYI: AIG’s new money deal

Daniel Becker | November 10, 2008 1:48 pm

mmckinl mentioned the new AIG deal. Naked Capitalism has a post by Yves Smith regarding the new and improved AIG plan titled: The looting continues (Bannana republic watch). It reviews a WSJ article and notes that AIG is getting a rate cut (5.5 point reduction) with more money for a longer term (5 years instead […]