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The FRBNY sells the entirety of the MAX CDO holdings from its Maiden Lane III portfolio to a...

The FRBNY sells the entirety of the MAX CDO holdings from its Maiden Lane III portfolio to a consortium formed by Barclays (BCS) and Deutsche Bank (DB) following a competitive bid process that included 8 of the SIFIs. (previous)
Comments (5)
  • I am glad they sold it to some Foreigeeeeers.....lol
    26 Apr 2012, 01:21 PM Reply Like
  • Another Bernanke success story....
    26 Apr 2012, 01:21 PM Reply Like
  • Right!!! success for whom? you must mean some mafia type banksters, wall street financial engineers, and some financial company executives.
    26 Apr 2012, 07:46 PM Reply Like
  • We live in a criminal financial economy. A government controlled opaque system... we are simply expected to believe what the authorities tell us.
    26 Apr 2012, 04:42 PM Reply Like
  • The shocking part is, Deutsche Bank tells it's investors they are down 33% for the Quarter, they can't raise enough funding for Basel III CRD, yet they can find enough money to cough up for the CDO purchase?

     

    Is it this endemic, and nobody call them out on it?
    27 Apr 2012, 03:15 AM Reply Like
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