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AIG to repay US government after asset sale
NEW YORK (AFP) - Embattled insurance giant AIG announced plans Friday to pay off its 61-billion-dollar loan from the US Federal Reserve by selling non-core assets.
Activities:2008 AIG Crisis Source:(AFP)
2008-10-03
Fed holds crisis talks as Lehman hunts for buyer
WASHINGTON/NEW YORK (Reuters) - The Federal Reserve Bank of New York held emergency talks with officials of major Wall Street firms on Friday night as concerns grew that Lehman Brothers Holdings Inc may fail to find a willing buyer to save the ailing institution.
Nations:U.S. People:Henry Paulson Richard Shelby Activities:Lehman Brothers Bankruptcy
2008-09-13
Lehman racing to find buyer for beleaguered firm
NEW YORK - With Lehman Brothers' shares signaling another steep drop on Friday, top executives are racing to put a sale of the beleaguered investment bank in place before it loses further market value and confidence.
Nations:Japan France Activities:2007 Global Credit Crunch
2008-09-12
Billionaires say US debts need attention
OMAHA, Neb. (AP) -- Two billionaires used the screening of a documentary in theaters across the United States on Thursday to urge the country to come to grips with its staggering debt load.
People:Alan Greenspan Warren Buffett
2008-08-21
US group buys German subprime casualty
BERLIN (AFP) - US private equity group Lone Star is to take over IKB, the German bank rescued by state development bank KfW after falling victim to the subprime mortgage meltdown, KfW said Thursday.
Nations:Germany Activities:2007 Global Credit Crunch Source:(AFP)
2008-08-21
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Matches Shown: | 1-50 | 51-100
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