The World Today - Individual ItemsABC News and Current Affairs on The World Today.US Fed Reserve offers to stave off AIG bankruptcy- September 17, 2008 Australian stocks have been buoyed by the US Government rescue of the giant American insurance group, American International Group. Under the bailout deal, the US Federal Reserve will lend AIG up to $US85-billion to guarantee its short-term liquidity.http://www.abc.net.au/worldtoday/content/2008/s2366844.htm |