by Calculated Risk on 10/02/2008 04:37:00 PM
Thursday, October 02, 2008
Fed: AIG Drawdown Rises to $61.3 Billion
Update: from Dow Jones: US Fed Discount Window Borrowing Continues To Hit New Highs
The Fed on Thursday said total borrowing at the discount window, including both depository institutions and primary dealers, rose more than 50% to $409.52 billion Wednesday from $262.34 billion in the prior week.The Fed is peddling as fast as they can.
...
Separately, the Fed said a loan to troubled insurer American International Group Inc. (AIG) on Wednesday totaled $61.28 billion...