Article Image
IPFS News Link • Federal Reserve

New York Fed documents reveal more detail about AIG bailout

• Washington Post
 Records show that Geithner participated in nearly 70 calls between 7:45 a.m. and 10 p.m. on Tuesday, Sept. 16, as officials worked to stabilize AIG -- first through private loans and finally through public assistance. They feared the company's collapse might trigger other failures and endanger the financial system.