Publisher

Federal Reserve System: Board of Governors

Media Date

9-16-2008

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)

Additional Information

The Federal Reserve Board, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) under section 13(3) of the Federal Reserve Act.

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