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To: Kevin Podsiadlik who wrote (10457)	10/8/2008 5:32:06 PM
From: scion	Read Replies (1) of 12465

Fed grants AIG another loan of up to $37.8 billion 04:21 PM CDT on Wednesday, October 8, 2008 Associated Press dallasnews.com WASHINGTON — The Federal Reserve has agreed to provide insurance giant American International Group with a loan of up to $37.8 billion, on top of one made to the troubled company last month. Under the new program, the Federal Reserve Bank of New York will borrow up to $37.8 billion in investment-grade, fixed income securities from AIG in return for cash collateral. These securities were previously lent by AIG's insurance company subsidiaries to third parties. Last month, the Fed provided an $85 billion loan to the company, which was on the brink of bankruptcy. dallasnews.com

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