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Fed bailout

Other > The Money Blogger

Who Bails Out The Fed?

Nicholas Collard | Wed, 09/17/2008 - 6:35am | AIG, American International Group, F, Fed, Fed bailout, MER, Treasury Secretary Paulson |  Add a comment

I woke up this morning, and the sunrise came up a deep shade of red. In their latest bid to save the market from certain ruin, the Federal Reserve has committed $85 billion dollars over a 2-year period to bail out the crumbling insurance titan , American International Group (AIG). In return f ... Read more

Stock Investing > Financial Skeptic

Citigroup: Control Gone Long Time Ago

George | Mon, 02/23/2009 - 4:02pm | C, Citigroup, Citigroup's lost control, Fed bailout, government bailout, government takeovers |  1 comment

Citigroup (C) and other banks in negotiations with the financial cavalry apparently will be giving up voting control and equity positions within the banks that are supported. The voting control was all but gone a long time ago. When the Fed and Treasury has to bail out problems by the hundreds of bi ... Read more