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By Reuters |
May 17, 2012
The Federal Reserve Bank of New York said on Thursday it has postponed the latest sale of mortgage-backed assets from the Maiden Lane III portfolio, which it acquired as part of a rescue package for the giant U.S. insurer AIG.
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By Reuters |
May 10, 2012
The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, following a competitive bid process with eight other Wall Street firms.
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By Elizabeth Festa, Arthur D. Postal PropertyCasualty360.com |
May 3, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Adam Tempkin and Karen Brettell, Reuters |
April 26, 2012
Barclays and Deutsche Bank on Thursday won a fierce bidding war for a portfolio of toxic assets the US government acquired in the 2008 bailout of insurance giant AIG.
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By Arthur D. Postal, PropertyCasualty360.com |
April 18, 2012
The Federal Reserve Bank of New York announced late Wednesday that it is exploring the sale of collateralized debt obligations originally owned by AIG’s troubled Financial Products Group.
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By MARCY GORDON, AP BUSINESS WRITER |
March 8, 2012
The Treasury Department is selling $6 billion worth of the $41.8 billion in common stock it holds in insurance giant AIG, which received the biggest bailout of the financial crisis in 2008.
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By Arthur D. Postal, PropertyCasualty360.com |
February 29, 2012
The Federal Reserve Bank of New York late Tuesday finally closed out one chapter of the controversial bailout of American International Group by selling the last remaining securities held in the Maiden Lane II facility.
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By Arthur D. Postal, PropertyCasualty360.com |
February 9, 2012
The Federal Reserve Bank of New York today ended one chapter from the American International Group bailout, selling a group of mortgage-backed securities that closed out its Maiden Lane II facility.
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By Arthur D. Postal, PropertyCasualty360.com |
January 23, 2012
The market is apparently strengthening for the risky residential mortgage-backed securities purchased by the Federal Reserve Board in early 2009 as part of its bailout of American International Group.
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September 16, 2011
Chartis CEO Charts Peter Hancock discusses weathering the bailout of AIG, talent-retention, growth opportunities and the benefits of being big.
