September 2008
Las Vegas Business Press (10712186);9/22/2008, Vol. 25 Issue 38, pP15
The article offers news briefs on U. S. economic conditions as of September 2008. In a move by the U.S. government to prevent the collapse of the country's top insurer former Chief Executive Officer of Allstate Corp. Edward Liddy was contracted to oversee American International Group Inc. (AIG). Denying clamors from investors the Federal Reserve maintained its two percent interest rate. August 2008 signalled the worst housing recession in the U.S. in the last 17 years.


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