iPhone app iPad app Android phone app Android tablet app

Maiden Lane

Well, There's At Least One Bailout Taxpayers Are Profitting From

AP | Posted 08.24.2012 | Business
Read More: Wall Street Bailout, Bailout, Aig Bailout Taxpayer Profits, Aig Bailout Taxpayers, Business News, AIG Bailout, Taxpayer Profits, Aig, Maiden Lane, AIG Bailout Money, New York Federal Reserve Bank, Video, Business News

NEW YORK -- The Federal Reserve Bank of New York sold the remainder of the securities that it had bought as part of the rescue of beleaguered insuranc...

Read Whole Story

AIG Passes Major Milestone

AP | Posted 08.14.2012 | Business
Read More: AIG Loans, Video, Troubled Asset Relief Program, AIG Loan, Business News, AIG Bailout, Aig Repaid Bailout Loans, Financial Crisis, AIG Bailout Repayment, Maiden Lane II, AIG Bailout Money, Maiden Lane, Maiden Lane III, New York Federal Reserve Bank, Business News

NEW YORK — The Federal Reserve Bank of New York said Thursday that loans it set up to help facilitate the bailouts of American International Gro...

Read Whole Story

Federal Reserve Conducts Another Secret Sale Of AIG Assets

The Huffington Post | Bonnie Kavoussi | Posted 02.28.2012 | Business
Read More: Credit Suisse Group AG, Video, Credit Suisse, Federal Reserve, Aig, New York Fed, Maiden Lane II, American International Group, New York Federal Reserve, Maiden Lane, New York Federal Reserve Bank, Business News

The Federal Reserve gave just five banks the chance to bid on taxpayer-owned AIG assets -- again. It's just the latest secret sale of the toxic mor...

Read Whole Story

Federal Reserve Earns Record Profits, Largely From Investments In Economy, Banks

Reuters | Posted 05.25.2011 | Business
Read More: Investments, Central Bank, Federal Reserve, Financial Crisis, Aig, Bear Stearns, US Treasury, Maiden Lane, Business News

The Federal Reserve earned a record $81.7 billion in 2010, largely on investments made to help the economy and banks weather the 2007-2009 financi...

Read Whole Story

Fed Bought Junk Bonds In Maiden Lane Wall Street Rescue, But Didn't Tell Congress

Bloomberg | Caroline Salas, Craig Torres and Shannon D. Harrington | Posted 05.25.2011 | Business
Read More: Bear Stearns, Junk Bonds, Cdos, Tim Geithner, Richard Shelby, Ben Bernanke, Jamie Dimon, Sherrod Brown, Securities, New York Fed, Financial Crisis, Bank Bailout, Investment Grade, Maiden Lane, Wall Street, Robert Steel, JP Morgan Chase, Business News

Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens of billions of...

Read Whole Story

Bernanke, Fed Made Used Taxpayer Money To Buy Junk Bonds Without Congress Knowing

bloomberg.com | Caroline Salas, Craig Torres and Shannon D. Harrington | Posted 05.25.2011 | Business
Read More: Junk Bonds, Cdos, Bearn Stearns, Bailout, Tim Geithner, Credit Default, Bernanke, Ben Bernanke, High-Yield Bonds, Maiden Lane, Business News

July 1 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that t...

Read Whole Story

Elmer Grey Designed Catalina Home On Market For $4.9 Million

Posted 05.25.2011 | Los Angeles
Read More: La Real Estate, Los Angeles Real Estate, Elmer Grey, Mansions, Catalina Island, Architecture, Slidepollajax, Mcmansions, Los Angeles Architecture, Maiden Lane, Real Estate, Los Angeles News

Found via Curbed LA, this sprawling Spanish Colonial Revival has hit the market for $4.9 Million. Designed by famed architect Elmer Grey, the force b...

Read Whole Story

Weekly Audit: Want Economic Justice? Then It's Time To Act.

The Media Consortium | Posted 05.25.2011 | Politics
Read More: Fed, Financial Reform, Christopher Hayes, The Nation, YES! Magazine, Ellen Brown, Alternet, Audit the Fed, Aig, Annie Lowry, Wall Street Reform, Roger Bybee, Financial Crisis, In These Times, Maiden Lane, Economy, The Washington Independent, Politics News
The Media Consortium

by Zach Carter, Media Consortium blogger On Thursday, the U.S. Senate passed a financial reform package that includes a handful of important reforms,...

Read Whole Story

AIG and Bernanke

Cate Long | Posted 05.25.2011 | Politics
Read More: Tarp, Bernanke, Main Street, Goldman Sachs, Aig, Wall Street, Maiden Lane, Sigtarp, Politics News
Cate Long

Ben Bernanke was thick in the middle of the AIG bailouts with Henry Paulson, Tim Geithner and Lloyd Blankfein of Goldman Sachs. Watch the five-minut...

Read Whole Story

Much of Fed's Secrecy Dissipates with a Little Digging

Thomas Adams and Yves Smith | Posted 05.25.2011 | Business
Read More: Goldman Sachs, Bailout, Fed, Fed Transparency Issues, Aig, Federal Reserve, Maiden Lane, Maiden Lane III, Business News
Thomas Adams and Yves Smith

What great service for the country have our banks performed that justifies letting them shroud their actions in obscurity? The FCIC should subpoena all bank emails and documents for public scrutiny.

Read Whole Story