The official said Obama would be joined “on-stage and in the audience by people that have benefited from his economic recovery proposals over the last five years including small business owners, construction workers, homeowners, consumers and tax cut recipients.”
Lehman Brothers filed for bankruptcy and Bank of America purchased Merrill Lynch on September 15, 2008. On September 16 of that year, the Federal Reserve authorized a bailout loan of up to $85 million to the insurance company AIG.
