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).
Recommended Citation
Federal Reserve System: Federal Reserve Bank of New York, "Statement by the Federal Reserve Bank of New York Regarding AIG Transaction" (2008). Documents. 893.
https://elischolar.library.yale.edu/ypfs-documents/893