Political Quotes

Chris Dodd: “I mentioned in my opening statement that the Federal Reserve made a decision to pay off at par value sophisticated…”

On the recordMarch 4, 2009
I mentioned in my opening statement that the Federal Reserve made a decision to pay off at par value sophisticated investors who owned credit derivative swaps underwritten by AIG.
Said by
Chris Dodd
Democratic · Connecticut

Editor's note · Context

Dodd highlights the Fed's actions regarding AIG's investors during the crisis.

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