No credit was lengthened in order to AIG lower than which arrangement

No credit was lengthened in order to AIG lower than which arrangement

This new loans to help you Maiden Lane II LLC and you will Maiden Way III LLC was longer beneath the expert out-of Part thirteen(3) of Government Set-aside Operate, which let the latest Panel, for the strange and you may exigent factors, so you can approve Set aside Finance companies to increase borrowing from the bank to people, partnerships, and you will providers.Continue reading