Federal Reserve Continues to Shovel Money to AIG

Tuesday, January 11, 2011
By Paul Martin

by Robert Wenzel
EconomicPolicyJournal.com

Think the bailouts are over? Think again.

The latest data from the Federal Reserve indicates the Fed continues to increase the amount of money they are providing to AIG.

At November 3, 2010, the balance of credit extended by the Federal Reserve to AIG stood at $19.235 billion by December 29, 2010, the credit extended increased to $20.452 billion. An increase of 6.3%

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