Economics
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Boundless Economics
The Monetary System
Introducing the Federal Reserve
Economics Textbooks Boundless Economics The Monetary System Introducing the Federal Reserve
Economics Textbooks Boundless Economics The Monetary System
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 6
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The Federal Reserve and the Financial Crisis of 2008

Government Bails Out AIG With $85 Billion Loan

September 16, 2008: The Federal Reserve says the U.S. government has agreed to provide an $85 billion emergency loan to rescue the huge insurer AIG. The Fed says the U.S. Treasury Department is in full support of the decision.

Related Terms

  • liquidity
  • discount rate
  • open market operations
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