Permanent historical factsheet

Citigroup Support Package

United States of America · Economy / Banking Industry. Chronological records rendered directly from the World History Database.

1Records
2008Date range
1Named people
1Places

Chronological records

2008

Ben Shalom Bernanke23 November 2008

Washington · Economy / Banking Industry

Federal authorities announce a support package for Citigroup in which the Federal Reserve stands ready to provide financing against a pool of assets after specified loss protections, seeking to preserve financial stability.

Names involved

Ben Shalom Bernanke

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.