Publisher

Federal Reserve System: Federal Reserve Bank of New York

Media Date

9-29-2008

Media Type

Document

Content Type

Press Release

Country/Region

United States

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

American International Group (AIG)

Intervention

Emergency Liquidity-Specific Firm

Additional Information

On September 16, 2008, the Federal Reserve Board announced that, with the full support of the Treasury Department, it had authorized the Federal Reserve Bank of New York to lend up to $85 billion to American International Group, Inc. (AIG).

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