Subsidy Tracker Individual Entry
Major Industry of Parent:financial services
Specific Industry of Parent:banking
Value of Loan, Loan Guarantee or Bailout Assistance:$800,000,000
Loan Value Notes:
Loan amounts do not reflect repayments. See the original source for that information.
Program Name:Maiden Lane III
Awarding Agency:Federal Reserve
Type of Subsidy:federal loan or loan guarantee
Maiden Lane III was created as part of the American International Group bailout to compensate credit default swap counterparties.