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To: Rockingham
A further complication is that during the crisis of 2008, the Fed issued an $85 billion line of credit to keep AIG afloat and secured that line of credit by warrants for just under 80% of the company’s stock.

The Treasury (TARP) got the stock, not the Fed.

43 posted on 02/09/2014 10:25:18 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

I think that the Federal Reserve Bank of New York held the government’s interest in AIG.


45 posted on 02/09/2014 10:44:27 AM PST by Rockingham
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