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Adam Bennett: Fed rescue to cost as much as New Zealand's GDP

New Zealand Herald (Free subscription) | 09/17/2008

Barely a couple of days after letting Lehman Brothers slide into oblivion, the US Federal Reserve is to tip the equivalent of New Zealand's annual economic output into insurer American International Group to ensure its survival. US...

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Adam Bennett: Fed rescue to cost as much as New Zealand's GDP

New Zealand Herald (Free subscription) | 09/17/2008

Barely a couple of days after letting Lehman Brothers slide into oblivion, the US Federal Reserve is to tip the equivalent of New Zealand's annual economic output into insurer American International Group to ensure its survival. US...