>On Aug 24, 2012, at 1:08 AM, Jordan Hayes <jmhayes at j-o-r-d-a-n.com> wrote:
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>>Today's announcement on ML III follows the successful wind-down of Maiden Lane II LLC (ML II) in February 2012, which resulted in a net gain of approximately $2.8 billion for the taxpayer. It also follows the January 2011 termination of the New York Fed's extension of credit to AIG, which produced approximately $8.2 billion in interest and fees. When taken together, the total net profit to taxpayers from the New York Fed's assistance to AIG and AIG-related facilities was $17.7 billion.
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>Coulda made more had they paid less than 100.
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>Doug
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And even more if we just nationalized the banks.
Miles