Maiden Lane Iii

This Bailout Could Really Pay Off For Taxpayers

Reuters | Posted 05.09.2012

Read More: Treasury Department, Video, Government Bailout, Reuters, Aig, Federal Reserve, American International Group, U.S. Taxpayers, Federal Reserve Bank of New York, Maiden Lane III, Government Accountability Office, Business News

WASHINGTON, May 8 (Reuters) - U.S. taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer Americ...

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Sham Transactions That Led to AIG's Downfall: The Ugly Truth Was Hiding In Plain Sight

David Fiderer | Posted 05.25.2011

Read More: Deutsche Bank, Goldman Sachs, Credit Ratings, Cdos, AIG Credit Default Swaps, Aig, Credit Rating Agencies, Federal Reserve, Credit Default Swaps, Maiden Lane III, New York Federal Reserve Bank, Business News
David Fiderer

If you want to understand the deals that wiped out AIG, the best place to start is the website of the New York Fed.

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Geithner AIG Testimony: Treasury Secretary Says AIG Bailout Saved Economy, Not Individual Banks

Bloomberg | Rebecca Christie | Posted 05.25.2011

Read More: Tarp, Maiden Lane III, The Federal Reserve, AIG Bailout, Goldman Sachs, Economy, Financial Reform, Societe Generale, Aig, Frbny, The Fed, Transparency, New York Fed, Banks, Financial Crisis, Maiden Lane II, Geithner Testimony, AIG Assets, Business News

Click here to read Geithner's testimony about the New York Fed's aid to AIG. Treasury Secretary Timothy F. Geithner said the government rescued Ameri...

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Much of Fed's Secrecy Dissipates with a Little Digging

Thomas Adams and Yves Smith | Posted 05.25.2011

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.

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