This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc (AIG) had written credit default swap (CDS) contracts.
Net portfolio holding of Maiden Lane III at peak $28.085 billion (December 24, 2008). Current holding $19.876 billion.
FED continuing to assume risks of these credit default swap transactions.
Subscribe to All American Investor via Email
 Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
More from All American Investor
- Bond Vigilantes Take over in the Long End (Graph)
- Ten Year Treasury Yield in Orbit (Graph)
- Ten Year Interest Rates Rising (Chart)
- Option ARM--The Toxic Mortgage
- Systemic Risk Defined--Too Big to Fail
- Ray Dalio on the current state of affairs in the market
- Roubini Predicts U.S. Losses May Reach $3.6 Trillion
- 60 Minutes -- Cold Fusion
Kindle: Amazon's 6" Wireless Reading Device Follow All American Investor on Twitter
This comment has been removed by a blog administrator.
ReplyDelete