This presentation outlines a structure (“Maiden Lane III”) to resolve the liquidity drain at AIG from the multi-sector CDO book (primarily U.S. subprime mortgage exposure)
Tag Archive for BlackRock Financial Management
Corporate
BlackRock Maiden Lane III Counterparty Brief
Previously Confidential BlackRock Solutions Maiden Lane III Counterparty Brief from November 5, 2008.
Federal Reserve Bank of New York
Maiden Lane LLC Consolidated Financial Statements 2008
We have audited the accompanying consolidated statement of financial condition of Maiden Lane LLC (a Special Purpose Vehicle consolidated by the Federal Reserve Bank of New York) and subsidiaries (the “LLC”) as of December 31, 2008, and the related consolidated statements of income and cash flows for the period from March 14, 2008 to December 31, 2008. These financial statements are the responsibility of the LLC’s management. Our responsibility is to express an opinion on these financial statements based on our audit.
Federal Reserve Bank of New York
Investment Management Agreement for Maiden Lane III LLC
This agreement, made as of the 25th day of November, 2008, by and among the Federal Reserve Bank of New York (“FRB-NY”), BlackRock Financial Management, Inc. (the “Manager”) and Maiden Lane III LLC (the “Borrower”), sets forth the terms under which the Manager shall provide investment management services to FRB-NY (the “Agreement”).