Anonymous
Anonymous asked in Business & FinanceOther - Business & Finance · 1 decade ago

In what way do you think the Fed is being fair / unfair re:AIG 'emergency funding'?

1 Answer

Relevance
  • jwishz
    Lv 7
    1 decade ago
    Best Answer

    Fair, not unfair

    Had they not stepped in to prop up AIG there would have been devastating negative consequences in the international capital markets. AIG insured many mortgages which are in default. Feds had to do something

    Source(s): @
Still have questions? Get your answers by asking now.