Thursday, February 5, 2009

Maiden Lane Series "Underperforms"

Bloomberg News covered the bleak future of the Fed's investment in Maiden Lane I. We're adding this graph to their article to give you an idea of what's been happening with the rest of the family: Maiden Lane II (created to purchase AIG's RMBS) and Maiden Lane III (created to purchase AIG's CDS exposure to CDO tranches).

1 comment:

bill gates said...

that's what happens when you pay top dollar for crap!