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Reuters: AIG rescued by Fed, Barclays buys Lehman U.S. unit

Started by chris, September 17, 2008, 07:00:26 AM

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chris

AIG rescued by Fed, Barclays buys Lehman U.S. unit
      


NEW YORK (Reuters) - Capping an extraordinary day in financial markets, authorities pieced together an emergency $85 billion rescue of insurance company American International Group Inc to stave off a bankruptcy that could have thrown world markets into deeper turmoil.
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