>> Did you see AIG wants to buy back a big part of their (ex-)portfolio?
Denied!
^^^^^ CB: Obama stands up to Wallstreet .
^^^^^^^^
http://ftalphaville.ft.com/blog/2011/03/30/532151/ny-fed-to-aig-thanks-but-no/
[ The Federal Reserve today announced that it has declined
American International Group's (AIG) offer to purchase all
of the assets in Maiden Lane II LLC (MLII).
After careful review, the Federal Reserve Bank of New York
(New York Fed) and the Board of Governors of the Federal
Reserve System (Board) judged that the public interest in
maximizing returns from any sale and promoting financial
stability would be better served by an alternative approach
to realizing value that is also more consistent with normal
market practice.