There's nothing in the $700,000,000,000.00+ bailout proposal restricting it to loans.
Socialist and liar.
Fed Bails Out AIG with $85 Billion Loan Package
The Fed has once again come to the rescue of a struggling financial company, this time with an emergency $85 billion dollar loan package for the cash starved insurer AIG. In other overnight news, the Bank of Japan left interest rates on hold and the Bank of England's MPC meeting muinutes showed an 8-1 vote in favouring of leaving rates on hold in September.
-Fed Bails Out AIG: Federal Reserve Bank of New York announced it would lend up to $85 billion to the American International Group late Tuesday night.
The Fed said in a press release that the "terms and conditions (are) designed to protect the interests of the U.S. government and taxpayers."
Nope. Still not a socialist, nor a liar.
You however, confirm that you haven't a clue about anything. So what are you doing here?