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Fed Mulls Auction For AIG Bonds.
- Source :
-
Wall Street Journal - Eastern Edition . 3/25/2011, Vol. 257 Issue 69, pC1-C2. 2p. - Publication Year :
- 2011
-
Abstract
- The article reports that the U.S. Federal Reserve is consulting with money-management firm BlackRock Inc. on a potential auction of subprime-mortgage bonds it acquired from insurer American International Group (AIG) in 2008. Financial-services firms Barclays Capital and Credit Suisse Group AG are said to be interested in bidding. Previously, AIG itself offered $15.7 billion for the securities.
- Subjects :
- *MORTGAGE-backed securities
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 257
- Issue :
- 69
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 59549564