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Fed throws fresh lifeline to financial system

WASHINGTON, Nov. 25, 2008 (Reuters) — The Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards. ...  > full story

Treasury's Paulson: Must preserve bailout funds

WASHINGTON, Nov. 18, 2008 (Reuters) — Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was not diverted to other uses. ...  > full story

AIG gets $150 billion government bailout; posts huge loss

WASHINGTON/NEW YORK, Nov. 10, 2008 (Reuters) — The government restructured its bailout of American International Group Inc, raising the package to a record $150 billion with easier terms, after a smaller rescue plan failed to stabilize the ailing insurance giant. ...  > full story

Government restructures AIG bailout package

WASHINGTOHN, Nov. 10, 2008 (Reuters) — The U.S. Federal Reserve said on Monday the government would buy shares of insurer American International Group as part of a restructuring of a bail-out package intended to prevent the firm from collapsing. ...  > full story
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