File this one under "H" for "holy crap!".Meanwhile, I asked this question earlier today:
When a gov't cuts a cheque for U$85Bn, where do the funds come from? Seriously, I've been thinking about this since last night and I've come to the conclusion that I don't have a clue.
Well happily, Felix Salmon over at 'Market Movers has answered, and here's the link which includes;
"The real answer, however, is that there won't be any $85 billion check. AIG will draw down this liquidity facility only as and when it needs to, and indeed there's a substantial chance that yada yada go see the rest here....."
Moral of the story: If you don't know, ask.