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AIG Bailout
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Sep 17, 2008
AIG Bailout
Yesterday evening the Feds stepped in with an $85-billion bailout for American International Group, or AIG. The effort to save the collapsing insurer is designed to avoid the largest corporate bankruptcy in history. In exchange, the government will hold an 80 percent stake in the company. Larry gets the latest from the Wall Street Journal's Heidi Moore.

Yesterday evening the Feds stepped in with an $85-billion bailout for American International Group, or AIG. The effort to save the collapsing insurer is designed to avoid the largest corporate bankruptcy in history. In exchange, the government will hold an 80 percent stake in the company. Larry gets the latest from the Wall Street Journal's Heidi Moore.

Yesterday evening the Feds stepped in with an $85-billion bailout for American International Group, or AIG. The effort to save the collapsing insurer is designed to avoid the largest corporate bankruptcy in history. In exchange, the government will hold an 80 percent stake in the company. Larry gets the latest from the Wall Street Journal's Heidi Moore.

Credits
Host, AirTalk
Host, Morning Edition, AirTalk Friday, The L.A. Report A.M. Edition
Senior Producer, AirTalk with Larry Mantle
Producer, AirTalk with Larry Mantle
Producer, AirTalk with Larry Mantle
Associate Producer, AirTalk & FilmWeek
Associate Producer, AirTalk
Apprentice News Clerk, AirTalk
Apprentice News Clerk, FilmWeek