Taxpayers owned as much as 92 percent of AIG after saving a firm that insured 100,000 municipalities, retirement plans and companies and was a counterparty to some of the biggest banks. Federal Reserve Chairman Ben S. Bernanke has said saving AIG after it was hobbled by mortgage-related bets made him “more angry” than any other measure the government undertook to counter the deepest financial crisis since the Great Depression.
AIG Bailout That Angered Bernanke to End With U.S. Sale - Businessweek
No comments:
Post a Comment