Fed Holdings of Bear Stearns Assets Still Huge (Maiden Lane LLC, Graph)

Still near $26 Billion. What next? Something has to give at some point in time.

This limited liability company, Maiden Lane LLC, was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act.



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