Sep 22 2008
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aig - interest rate
Mr. Ed Liddy “is critical of the interest rates the government is charging AIG,” according to a Wall Street Journal interview.
Well, the government gave them $85 BILLION dollars at an interest rate of over 11% due in 24 months. Interest alone turns to over 1.2 Billion. ($1,200,000,000)
The shear amount of zeros in that number just disgusts me.
