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Merrill Lynch (BAC) yesterday emerged the winner of an NY Fed auction for former AIG CDOs with a...

  • Thursday, June 14, 2012, 8:19 AM ET
    Merrill Lynch (BAC) yesterday emerged the winner of an NY Fed auction for former AIG CDOs with a face value of $1.9B, the FT reports. The bank is tomorrow due to sell another $5B of the assets, which are held in Maiden Lane III.
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This news story has 4 comments:

  •  
    Great if your long both BAC and AIG.

    Win Win.
    14 Jun 2012, 08:28 AM Reply Like
  •  
    Waiting to see how this affects the mortgage REITs
    14 Jun 2012, 09:29 AM Reply Like
  •  
    Not a mortgage REIT but CT has been FLYING lately.

    The commercial side is looking a lot better.
    14 Jun 2012, 12:22 PM Reply Like
  •  
    I bought 1000 shares @ $5.10 in my IRA as I figured I don't have to withdraw for another 5 years at 70 1/2 years old.
    14 Jun 2012, 11:59 PM Reply Like
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