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The Financial Crisis: This Day—One Year Ago, Sept. 17, 2008

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Published: Thursday, 17 Sep 2009 | 3:25 AM ET
By: CNBC.com
AIG and Beyond
Insight on AIG and the markets, with Mohamed El-Erian, Pimco co-chief investment officer co-CEO

Pimco's Mohamed El-Erian offers his insight into AIG and the financials.

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AIG makes a deal with the Fed for loans up to $85 billion in exchange for a 79.9 percent stake in the insurer.  Barclays buys several Lehman businesses for $1.75 billion. WaMu is for sale. And the SEC announces rules against naked short selling.
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