Why do people insist on saying things that are obviously untrue?
Edward M. Liddy, the chief executive of A.I.G., says the latest bailout is just a normal transaction.
“It is not exactly a bailout,” he said in a conference call this morning.
“The terms of the relation are commercial in nature,” he said, adding that everything was being done at “market interest rates.”
Από τον Floyd Norris
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