AIG Rescued: Was an $85 Billion Loan the Right Answer?

After refusing to bail out Lehman Brothers, the government agreed to an $85 billion loan to insurance giant AIG, effectively taking over the company. Knowledge@Wharton talked to Wharton insurance professors Olivia Mitchell and Kent Smetters to find out how the world’s largest insurer got into this situation and how it can be prevented from happening again.  

A transcript of the conversation will be posted shortly.

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"AIG Rescued: Was an $85 Billion Loan the Right Answer?." Knowledge@Wharton. The Wharton School, University of Pennsylvania, [17 September, 2008]. Web. [24 April, 2014] <http://knowledge.wharton.upenn.edu/article/aig-rescued-was-an-85-billion-loan-the-right-answer/>

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AIG Rescued: Was an $85 Billion Loan the Right Answer?. Knowledge@Wharton (2008, September 17). Retrieved from http://knowledge.wharton.upenn.edu/article/aig-rescued-was-an-85-billion-loan-the-right-answer/

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"AIG Rescued: Was an $85 Billion Loan the Right Answer?" Knowledge@Wharton, [September 17, 2008].
Accessed [April 24, 2014]. [http://knowledge.wharton.upenn.edu/article/aig-rescued-was-an-85-billion-loan-the-right-answer/]


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