Fed Rejects AIG (AIG) Offer to Purchase Maiden Lane II Assets; to Sell Assets 'Individually and In Segments Over Time'
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Fed rejects AIG (NYSE: AIG) offer to purchase Maiden Lane II assets. The Fed said it will sell assets "individually and in segments over time," however no specific time frame was set.
The Fed will offering the securities through BlackRock (NYSE: BLK), which will circulate the first bid list sometime next week.
The Fed will offering the securities through BlackRock (NYSE: BLK), which will circulate the first bid list sometime next week.
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