AIG signs a "definitive" agreement to borrow up to $85B from the Fed at Libor+8.5%. New CEO...

|By:, SA News Editor

AIG signs a "definitive" agreement to borrow up to $85B from the Fed at Libor+8.5%. New CEO Liddy says plans are already underway to sell assets. No news on whether the agreement will derail shareholder efforts to raise capital to block the deal.