Can you spell?
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Author: NonEntity
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Can you spell?
09-17-2008, 01:15 PM
Post: #3
Re: Can you spell?
fyc:  "AIG" = American International Group

Quote:...will get an $85 billion loan from the federal government in exchange for an 80 percent stake in itself.

Quote:
American International Group, Inc. (AIG) (NYSE: AIG, TYO: 8685, ISEQ: AIN) is a major American insurance corporation based at the American International Building in New York City. The British headquarters are located on Fenchurch Street in London. Continental Europe operations are based in La Défense, Paris and its Asian HQ is in Hong Kong. According to the 2008 Forbes Global 2000 list, AIG was the 18th-largest company in the world. It became a component of the Dow Jones Industrial Average on April 8, 2004.  Founded: 1919 in Shanghai.

On September 16, 2008, after an AIG liquidity crisis following the downgrading of its credit rating, the U.S. Federal Reserve Bank stepped in to prevent financial collapse of the company. The Fed announced the creation of a credit facility of up to US$85 billion in exchange for warrants for a 79.9% equity stake and the right to suspend dividends to previously issued common and preferred stock.[1][2][3][4] AIG announced the same day that its board accepted the terms of the Federal Reserve Bank's rescue package.
--Wikipedia

_______________________________
If you wish to communicate with me, first define your terms.
~Voltaire
The problem with communication is the illusion that it has occurred.
~George Bernard Shaw

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Messages In This Thread
Can you spell? - NonEntity - 09-17-2008, 12:22 PM
Re: Can you spell? - eye2i2hear - 09-17-2008, 01:08 PM
Re: Can you spell? - eye2i2hear - 09-17-2008 01:15 PM
Re: Can you spell? - eye2i2hear - 09-17-2008, 01:38 PM
Re: Can you spell? - NonEntity - 09-17-2008, 04:26 PM
Re: Can you spell? - eye2i2hear - 09-17-2008, 05:29 PM
Re: Can you spell? - NonEntity - 09-17-2008, 08:56 PM
Re: Can you spell? - Darren Dirt - 09-18-2008, 07:34 AM
Re: Can you spell? - NonEntity - 09-18-2008, 07:54 AM
Re: Can you spell? - Lummox3 - 09-18-2008, 08:28 AM
Re: Can you spell? - NonEntity - 09-18-2008, 08:34 AM
Re: Can you spell? - Lummox3 - 09-18-2008, 10:05 AM
Re: Can you spell? - Darren Dirt - 09-18-2008, 04:07 PM
Re: Can you spell? - eye2i2hear - 09-18-2008, 04:59 PM
Economic Collapse '08 (central thread) - Darren Dirt - 09-18-2008, 11:48 PM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-18-2008, 11:56 PM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-25-2008, 10:38 AM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-25-2008, 03:24 PM
Re: Can't Darren spell? - NonEntity - 09-25-2008, 05:01 PM
Re: Can you spell? - Lummox3 - 09-26-2008, 12:59 AM
Re: Can you spell? - eye2i2hear - 09-26-2008, 11:50 AM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-26-2008, 01:30 PM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-26-2008, 02:45 PM
Re: Can't Darren spell? - eye2i2hear - 09-26-2008, 02:53 PM
Re: Can't Darren spell? - NonEntity - 09-26-2008, 03:17 PM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-29-2008, 01:34 PM
Re: Can you spell? - NonEntity - 09-29-2008, 04:19 PM
Re: Economic Collapse '08 (central thread) - Darren Dirt - 09-30-2008, 03:53 PM
Re: Can you spell? - eye2i2hear - 09-30-2008, 04:28 PM
Re: Can you spell? - eye2i2hear - 10-10-2008, 08:28 AM
Re: Can you spell? - eye2i2hear - 10-10-2008, 02:33 PM
Re: Can you spell? - Darren Dirt - 10-23-2008, 12:54 PM
Re: Can you spell? - 3rdear - 10-23-2008, 01:03 PM
Banks, bailouts, fascism, and all that fun stuff - Darren Dirt - 11-03-2008, 03:22 PM
Re: Can you spell? - NonEntity - 11-03-2008, 05:03 PM
Re: Banks, bailouts, fascism, and all that fun stuff - Darren Dirt - 11-03-2008, 05:34 PM
Re: Banks, bailouts, fascism, and all that fun stuff - Darren Dirt - 11-04-2008, 05:51 PM
Re: Banks, bailouts, fascism, and all that fun stuff - Darren Dirt - 11-06-2008, 04:15 PM
Re: Banks, bailouts, fascism, and all that fun stuff - Darren Dirt - 11-06-2008, 04:31 PM
Re: Can you spell? - Darren Dirt - 11-06-2008, 04:47 PM

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