The FRBNY is done with its AIG involvement, selling the last of the MBS from its Maiden Lane III...

|By:, SA News Editor

The FRBNY is done with its AIG involvement, selling the last of the MBS from its Maiden Lane III portfolio. The Fed's management of said portfolio resulted in a gain to the taxpayer of $6.6B. The combined profit from the 3 Maiden Lane portfolios sums to $17.7B. (PR)