Bank failures and rescues/Timelines

From Citizendium
< Bank failures and rescues
Revision as of 07:50, 1 December 2008 by imported>Nick Gardner (→‎November)
Jump to navigation Jump to search

November

23 US Federal Reserve Bank promises to buy up to $500 billion worth of mortgage-backed securities guarantee by Fannie Mae and Freddie Mac and up to $100billion worth of their direct debt [1].
US government makes $20 billion cash injection into Citigroup bank and guarantees against loss on $306 billion of iliquid assets [2] [3] [4][5]
Retrieved from "https://citizendium.org/wiki/index.php?title=Bank_failures_and_rescues/Timelines&oldid=540964"