The sole 'systemically significant' institution to get money through this program is AIG. On four separate occasions, the government offered aid to AIG to keep it from collapsing, rising from an initial $85 billion credit line from the Federal Reserve to a commitment of about $182 billion between the Treasury ($69.84 billion) and Fed ($110 billion). The green number to the right only reflects Treasury's commitment, since those are taxpayer dollars.

On January 11, 2011, AIG, the Treasury and Federal Reserve executed a plan to extricate AIG from government support. AIG paid off the Fed's loans. To extricate the Fed from its investment in two AIG subsidiaries, the plan called for AIG to draw down approximately $20 billion more from the Treasury (for a total investment of $68 billion). AIG used that money to buy the stakes in the subsidiaries, which it then immediately transferred to Treasury. The plan also called for the Treasury to convert its other investments in AIG into AIG common stock - bringing its holdings to 92.1 percent. To recoup the $68 billion, Treasury is selling off its stake in the AIG subsidiaries and its AIG common stock over time.

Additional Resources:
AIG Announces Plan to Repay U.S. Government(9/30/10)
Treasury Announces Completion of the American International Group Recapitalization Transaction (1/14/11)

More info from www.treasury.gov

Go to list of all initiatives and programs

For our blog, resources and more, see our main bailout page.

The following list shows the 1 recipient of Systemically Significant Failing Institutions.

Name	State	Date Entered	Amount Committed by SSFI	Amount Returned to SSFI	Total Bailout Commitment
AIG Received other federal aid. Click to see details.	N.Y.	Nov. 25, 2008	$69,835,000,000	$38,554,427,997	$69,835,000,000