11/4/2008

Some financial experts say the federal government's $143 billion bailout of AIG is just papering over the deeper chasm and could be insufficient to save the insurer. "What we see now are a lot of games by the government to keep these institutions going with a lot of cash," says Ann Rutledge, a credit derivatives specialist. "This is to fill holes in companies' balance sheets, and they're trying to hold at bay the charges that our financial system is insolvent."

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