CNN The 2000s June 4, 2024 02:39:00
Aig, and there was a real view by the way, that if aig went under, the game was over. >> aig does business with every major financial institution and in 130 countries. >> aig will destroy much of the capital for nation process in the western world. >> paulson, bernanke, gardner, they saw the risk that this could be not just a fire that would burn wall street down, but that could burn down our economy, and burn down the world economy. >> it's uncle sam to the rescue but oh, what a price tag . >> the federal government is to saving aig from possible collapse with an 85 billion dollar loan, all o...