It looks like the issue with delaying the sale of Maiden Lane III CDO’s was based on transparency as opposed to lack of market demand.  AIG sold off yesterday as the news of the delay broke, but the sooner the sale goes through at a good price, the sooner AIG can use the money to...Read More

The Federal Reserve continues to unwind the various Maiden Lane portfolios at a really nice profit for taxpayers.  Once the Federal Reserve sells the remaining portion of Maiden Lane III AIG should be pretty much done owing any more money.  According to Bloomberg the central bank is owed almost $9 billion on its loan to...Read More