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

Started by chris, September 17, 2008, 10:00:27 AM

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chris

Fed rescues AIG, Barclays buys Lehman U.S. unit
      


HONG KONG (Reuters) - U.S. authorities engineered an $85 billion rescue of insurance giant American International Group Inc, staving off bankruptcy and bringing a measure of calm to shell-shocked global markets.
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