Monday, September 29, 2008

Fed declines comments on AIG loan reports

A U.S. Federal Reserve spokeswoman declined to comment on Tuesday on reports that the central bank could extend a bridge loan of roughly $85 billion dollars to troubled insurer American International Group.
Both CNBC and the New York Times reported that the Fed was arranging a bridge loan for AIG. (Reporting by Mark Felsenthal; Editing by Leslie Adler)

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