Banks, Firms, and Houses: Deciphering the terms in the financial crisis coverage.

This is the first Explainer piece I’ve done for Slate:

On Tuesday, the U.S. government announced that the Federal Reserve, the nation’s central bank, would loan $85 billion to American International Group, an insurance firm, for fear that other financial institutions, such as investment banks and securities firms, would go belly-up in its wake.

What are all these banks and other financial institutions in the news?

Read the full story on slate.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s