日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / International / News Tools: Save | Print | E-mail | Most Read | Comment
Latest aid to AIG is critical: White House
Adjust font size:

The U.S. government's latest aid to the troubled insurance giant American International Group (AIG) is critical, White House spokesman Robert Gibbs said Monday.

While answering questions raised by reporters, Gibbs did not rule out future help for the ailing insurer.

The government determined that doing nothing was unacceptable, Gibbs said, adding that the potential failure of AIG was too big a risk to take when the economy is in a recession.

Earlier Monday, the U.S. government announced it would provide another 30 billion dollars to AIG to stave off collapse of the insurance giant.

The announcement came the same day as AIG, once the world's largest insurer, reported it lost 61.7 billion dollars in the fourth quarter of 2008, the biggest quarterly loss in U.S. corporate history.

For all of last year, the insurer posted a net loss of 99.3 billion dollars.

In an effort to avert a potentially catastrophic collapse of AIG, the U.S. government had already pumped some 150 billion dollars into the ailing company.

"The company continues to face significant challenges, driven by the rapid deterioration in certain financial markets in the last two months of the year and continued turbulence in the markets generally," the Treasury Department and the Federal Reserve said Monday in a joint statement, announcing the aid.

"The additional resources will help stabilize the company, and in doing so help to stabilize the financial system," the statement said.

(Xinhua News Agency March 3, 2009)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related
- Chinese firms in fray for AIG Asia assets
- M&A boost for AIG insurance
- AIG CEO's wish
- AIG gets new US$38 billion cash infusion from Fed
主站蜘蛛池模板: 台湾省| 古交市| 仙桃市| 铁力市| 岑溪市| 泰兴市| 乌拉特前旗| 孟津县| 长寿区| 沙坪坝区| 土默特左旗| 辉南县| 苍山县| 高密市| 临邑县| 南木林县| 勃利县| 格尔木市| 曲靖市| 平凉市| 罗定市| 红安县| 东辽县| 新龙县| 隆尧县| 福建省| 凉山| 通江县| 阳原县| 怀远县| 会东县| 冀州市| 九台市| 茶陵县| 丽江市| 天镇县| 南木林县| 瑞丽市| 孟州市| 虹口区| 中超|