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The NY Fed asks eight dealers to bid for assets from Maiden Lane III, which, during AIG's (AIG)...
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Wednesday, April 18, 2012, 11:13 AM ETThe NY Fed asks eight dealers to bid for assets from Maiden Lane III, which, during AIG's (AIG) rescue, unwound CDSs that the company wrote by acquiring the underlying investments that the firm insured for banks. Those invited to the auction include Barclays (BCS), Citigroup (C), Goldman Sachs (GS), Merrill Lynch (BAC), and Morgan Stanley (MS).
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