Anatomy of a Meltdown - Ben Bernanke and the financial crisis (in one page)
posted by Gyan on Nov 24, 2008 - 61 comments

After an historic near-collapse (p), a federal bailout to the tune of $85,000,000,000, a second federal bailout to the tune of $37,800,000,000 and one hell of a party (p), the news on A.I.G. just keeps getting better. Now: Fed arbitrage! Paying down a 9% taxpayer loan with a 2% taxpayer loan? Genius!
posted by jckll on Oct 31, 2008 - 7 comments

That 700 Billion Dollar number that everyone's talking about? They made it up.
posted by pjern on Sep 24, 2008 - 146 comments

The Fed has decided to bail out A.I.G. with an $85 billion dollar loan deal, which will result in 80% of the company being owned by the government.
posted by aheckler on Sep 16, 2008 - 263 comments