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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE Back With Satoshi

"On September 16, 2008, the Federal Reserve authorized up to $85 billion of secured lending to AIG."

The Federal Reserve authorized the New York Fed to lend up to $85 billion to AIG in an extraordinary stabilization intervention.

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Source title Federal Reserve Board, with full support of the Treasury Department, authorizes the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG)
Source authors Board of Governors of the Federal Reserve System
Source year 2008
Confidence high
Importance high
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