No credit try offered to AIG under it plan The new fund so you’re able to Maiden Way II LLC and you can Maiden Lane III LLC was indeed offered underneath the power from Section 13(3) of the Government Reserve Work, hence enabled the new Board, for the uncommon and you may exigent items, so you’re able to authorize Set aside Banking companies to give credit to people, partnerships, and you may companies. Towards , the fresh new FRBNY acquired popular demand for a few special purpose vehicle, AIA Aurora LLC and you may ALICO Holdings LLC, that have been …
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