{"entity":{"id":33,"slug":"maiden-lane-llc","name":"Maiden Lane LLC","type":"instrument","role":"Federal Reserve Bear Stearns bailout vehicle","description":"Federal Reserve Bank of New York vehicle created March 2008. FRBNY extended $28.82B loan to purchase ~$30B of Bear Stearns mortgage-related assets. BlackRock Financial Management received no-bid contract to conduct due diligence and manage assets. Danzeisen left BlackRock the same weekend this contract was awarded.","imageUrl":null,"createdAt":"2026-04-05T06:56:33.439Z","updatedAt":"2026-06-09T13:54:22.053Z"},"electedOffice":null,"significance":{"score":18,"components":{"totalFindings":8,"connectionDegree":8,"recentFindings90d":0,"activeResearchJobs":0,"goblinAttributions":2,"recentSyntheses90d":0,"moneyFlowChainsTotal":0,"closedLoopMemberships":0,"moneyFlowHopsRecent90d":0},"computedAt":"2026-10-15T01:32:54.708Z"},"facts":[{"id":1032,"text":"Any FEC donations from a 'Maiden Lane LLC' would need verification to determine if they are from an unrelated private entity sharing a similar name","confidence":"primary","dateOccurred":"N/A","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":1031,"text":"No documented FEC contribution records from the Federal Reserve's Maiden Lane LLC entities exist in my training data","confidence":"inferential","dateOccurred":"As of training cutoff","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":2275,"text":"The Maiden Lane entities are not standard federal contractors and would not typically appear in USASpending.gov procurement databases","confidence":"primary","dateOccurred":"2024-06-15","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":1037,"text":"Federal Reserve emergency lending facilities like Maiden Lane are not tracked in USASpending.gov, which covers executive branch appropriated spending","confidence":"secondary","dateOccurred":"2024-06-15","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":11300,"text":"Maiden Lane LLC sold all remaining securities on September 18, 2018","confidence":"primary","dateOccurred":"2018-09-18","source":{"title":"Federal Reserve [street address redacted]atement for Maiden Lane LLC","url":"https://www.federalreserve.gov/monetarypolicy/files/maidenlanellcfinstmt2015.pdf","publication":"Directed Inquiry — Web Search"}},{"id":11285,"text":"September 18, 2018: Maiden Lane LLC sold all remaining securities and generated a net gain of approximately $2.5 billion","confidence":"primary","dateOccurred":"2018-09-18","source":{"title":"Federal Reserve Bank of New York press release","url":"https://www.sec.gov/edgar/browse/?CIK=0001412100","publication":"Directed Inquiry — Web Search"}},{"id":11914,"text":"The LLC held interests in variable interest entities through investments in non-agency residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized debt obligations","confidence":"primary","dateOccurred":"2015-12-31","source":{"title":"Federal Reserve Bank of New York website","url":"https://en.wikipedia.org/wiki/Maiden_Lane_Transactions","publication":"Directed Inquiry — Web Search"}},{"id":11284,"text":"As of December 31, 2015, Maiden Lane LLC was the sole certificate holder of the CRE Trust","confidence":"primary","dateOccurred":"2015-12-31","source":{"title":"Federal Reserve [street address redacted]atement for Maiden Lane LLC","url":"https://www.sec.gov/edgar/browse/?CIK=0001928875","publication":"Directed Inquiry — Web Search"}},{"id":11282,"text":"As of December 31, 2015, Maiden Lane LLC had approximately $213 million in Government Money Market Funds","confidence":"primary","dateOccurred":"2015-12-31","source":{"title":"Federal Reserve [street address redacted]atement for Maiden Lane LLC","url":"https://www.federalreserve.gov/monetarypolicy/files/maidenlanellcfinstmt2015.pdf","publication":"Directed Inquiry — Web Search"}},{"id":8687,"text":"The Federal Reserve's crisis-era vehicles appear to have undergone coordinated termination in 2015 based on Maiden Lane LLC's compressed final filing schedule, potentially indicating systematic closure of emergency lending facilities","confidence":"inferential","dateOccurred":"2015-06-15","source":null},{"id":8686,"text":"Maiden Lane LLC's final SEC filings occurred within a 22-day window (July 30 and August 21, 2015), representing the shortest interval between any filings in the vehicle's documented reporting history","confidence":"inferential","dateOccurred":"2015-06-15","source":null},{"id":7586,"text":"The 22-day interval between Maiden Lane LLC's final two SEC filings (July 30 and August 21, 2015) suggests compressed final reporting activity potentially tied to vehicle termination or complete asset disposition","confidence":"secondary","dateOccurred":"2015-06-15","source":null},{"id":7578,"text":"The final SEC filing cluster in 2015 (two filings within three weeks) suggests accelerated wind-down activity or final asset disposition reporting as the vehicle approached termination","confidence":"inferential","dateOccurred":"2015-06-15","source":null},{"id":2289,"text":"In the Starr International case, Judge Thomas Wheeler ruled in 2015 that the Federal Reserve acted illegally in the AIG bailout structure but awarded no damages","confidence":"primary","dateOccurred":"2015-06-15","source":{"title":"Research: Maiden Lane LLC - court record","url":"https://www.courtlistener.com/?q=%22Maiden%20Lane%20LLC%22&type=r","publication":"Public Record Research"}},{"id":11296,"text":"Maiden Lane II LLC and Maiden Lane III LLC had final cash distributions on November 20, 2014 after payment of trailing expenses","confidence":"primary","dateOccurred":"2014-11-20","source":{"title":"Federal Reserve Bank of New York official website","url":"https://adviserinfo.sec.gov/firm/summary/288633","publication":"Directed Inquiry — Web Search"}},{"id":11294,"text":"Maiden Lane II LLC was formally terminated on November 12, 2014","confidence":"primary","dateOccurred":"2014-11-12","source":{"title":"Federal Reserve Bank of New York website","url":"https://en.wikipedia.org/wiki/Maiden_Lane_Transactions","publication":"Directed Inquiry — Web Search"}},{"id":11286,"text":"November 12, 2014: The legal existence of Maiden Lane II LLC and Maiden Lane III LLC was formally terminated","confidence":"primary","dateOccurred":"2014-11-12","source":{"title":"Federal Reserve Bank of New York website","url":"https://en.wikipedia.org/wiki/Maiden_Lane_Transactions","publication":"Directed Inquiry — Web Search"}},{"id":2769,"text":"Maiden Lane LLC filed filing with the SEC on 2014-09-22. Accession number: N/A.","confidence":"secondary","dateOccurred":"2014-09-22","source":{"title":"SEC EDGAR: filing — Maiden Lane LLC (2014-09-22)","url":"https://www.sec.gov/cgi-bin/browse-edgar?company=Maiden%20Lane%20LLC&CIK=&type=&dateb=&owner=include&count=40&search_text=&action=getcompany","publication":"SEC EDGAR"}},{"id":66698,"text":"No public record exists showing that FRBNY or BlackRock cited Dodd-Frank regulatory uncertainty as a factor in the Residential Trust liquidation timing","confidence":"inferential","dateOccurred":"2013-12-01","source":null},{"id":11283,"text":"Maiden Lane LLC's Residential Trust terminated in December 2013 as a result of liquidation of all underlying assets","confidence":"primary","dateOccurred":"2013-12-01","source":{"title":"Federal Reserve [street address redacted]atement for Maiden Lane LLC","url":"https://www.sec.gov/edgar/browse/?CIK=71691","publication":"Directed Inquiry — Web Search"}},{"id":62079,"text":"Maiden Lane LLC made no SEC EDGAR filings during calendar year 2013, despite filing in 2011-2012 and again in 2014-2015, suggesting the vehicle operated in a legal limbo period where its disclosure obligations were uncertain due to Dodd-Frank implementation.","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":62154,"text":"The 2011-2015 SEC EDGAR filing pattern for Maiden Lane LLC shows a complete absence of any filing in calendar year 2013, consistent with a deliberate suspension of new reporting during a period of legal interpretation regarding the vehicle's post-Dodd-Frank status","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":8764,"text":"The Federal Reserve's crisis-era vehicles faced unprecedented regulatory uncertainty in 2013 as new Dodd-Frank restrictions on Section 13(3) lending created ambiguity about existing facilities' compliance obligations and wind-down procedures","confidence":"secondary","dateOccurred":"2013-06-15","source":null},{"id":8763,"text":"Maiden Lane LLC's 2013 filing gap represents the only year-long break in its SEC reporting pattern, creating a unique regulatory transition period that coincides with major Federal Reserve authority changes under Dodd-Frank","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":8762,"text":"The Dodd-Frank Act's Section 13(3) implementation in 2013 required Federal Reserve emergency lending facilities to obtain Treasury Secretary approval for extensions, potentially affecting existing vehicles' operational status and associated reporting requirements","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":7587,"text":"Maiden Lane LLC's 2013 filing gap coincides with the Dodd-Frank Act's implementation of revised Section 13(3) emergency lending restrictions, potentially affecting reporting requirements for existing crisis-era vehicles","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":7577,"text":"The absence of SEC filings in 2013 creates a notable gap in the otherwise consistent biennial reporting pattern, potentially indicating a pause in significant asset disposition activity or a shift in reporting requirements","confidence":"inferential","dateOccurred":"2013-06-15","source":null},{"id":1053,"text":"All three Maiden Lane portfolios were eventually wound down with the Federal Reserve reporting full repayment of loans plus interest; Maiden Lane II completed in 2012, Maiden Lane III in 2012, and Maiden Lane I in 2014","confidence":"primary","dateOccurred":"2012-2014","source":{"title":"Research: Maiden Lane LLC - court record","url":"https://www.courtlistener.com/?q=%22Maiden%20Lane%20LLC%22&type=r","publication":"Public Record Research"}},{"id":1045,"text":"The Federal Reserve disclosed that all three Maiden Lane facilities were fully repaid with interest, with the final repayment occurring when Maiden Lane III was wound down","confidence":"primary","dateOccurred":"2012-2014","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1027,"text":"The New York Fed reported that all three Maiden Lane facilities were fully repaid with interest by 2012-2014","confidence":"primary","dateOccurred":"2012-2014","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":11299,"text":"Maiden Lane III LLC was dissolved on September 10, 2012 under Delaware law","confidence":"primary","dateOccurred":"2012-09-10","source":{"title":"Wikipedia article on Maiden Lane Transactions","url":"https://adviserinfo.sec.gov/firm/summary/171759","publication":"Directed Inquiry — Web Search"}},{"id":11298,"text":"Maiden Lane III LLC sold all remaining securities on August 23, 2012","confidence":"primary","dateOccurred":"2012-08-23","source":{"title":"Federal Reserve Bank of New York official website","url":"https://publicintelligence.net/maiden-lane-llc-maiden-lane-ii-llc-maiden-lane-iii-llc-balance-sheets/","publication":"Directed Inquiry — Web Search"}},{"id":2290,"text":"The Federal Reserve Bank of New York reported that Maiden Lane LLC (I) was fully repaid with interest by June 2012","confidence":"primary","dateOccurred":"2012-06-15","source":{"title":"Research: Maiden Lane LLC - court record","url":"https://www.courtlistener.com/?q=%22Maiden%20Lane%20LLC%22&type=r","publication":"Public Record Research"}},{"id":2284,"text":"The Federal Reserve reported that all three Maiden Lane facilities were fully repaid with interest, with Maiden Lane II completing repayment in 2012 and Maiden Lane III in 2012","confidence":"primary","dateOccurred":"2012-06-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":2268,"text":"Maiden Lane III LLC was fully wound down and repaid with interest by 2012","confidence":"primary","dateOccurred":"2012-06-15","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":11921,"text":"Maiden Lane LLC fully repaid its loans to the Federal Reserve Bank of New York on June 14, 2012, with interest, marking retirement of the last remaining debts from the Bear Stearns intervention","confidence":"primary","dateOccurred":"2012-06-14","source":{"title":"Federal Reserve Bank of New York official announcements","url":"https://www.sec.gov/edgar/browse/?CIK=0001305227","publication":"Directed Inquiry — Web Search"}},{"id":11297,"text":"Maiden Lane II LLC sold all remaining securities on February 28, 2012 and repaid all obligations","confidence":"primary","dateOccurred":"2012-02-28","source":{"title":"Federal Reserve Bank of New York official website","url":"https://www.federalreserve.gov/regreform/reform-aig.htm","publication":"Directed Inquiry — Web Search"}},{"id":62086,"text":"Maiden Lane LLC's SEC filings were limited to Regulation AB asset-backed securities disclosure forms (ABS-15G, 15Ga-2) rather than standard operating company filings (10-K, 10-Q, 8-K), consistent with treatment as a government-created special purpose vehicle without independent operational capacity","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":62075,"text":"Maiden Lane LLC's SEC filings (Forms 15-15D and ABS-15G) are regulatory filings triggered by the termination of asset-backed securities registration, not evidence of BlackRock's ongoing compliance role or separate revenue streams","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":72075,"text":"Maiden Lane LLC's SEC filings cluster around years when the underlying trusts underwent material changes: the residential trust termination (2013) and CRE trust distributions (2014-2015), consistent with ABS-15G filing triggers for asset-backed securities issuers.","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":8801,"text":"The absence of disclosed legal contingencies in Maiden Lane LLC's SEC filings from 2011-2015 suggests either complete litigation avoidance or successful legal immunity claims, as material litigation risks require disclosure under securities regulations","confidence":"secondary","dateOccurred":"2011-2015","source":null},{"id":8759,"text":"Maiden Lane LLC's SEC reporting pattern is more consistent with Section 15(d) asset-backed securities disclosure requirements than general entity reporting, suggesting the vehicle may have issued registered securities to institutional investors","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":7585,"text":"Maiden Lane LLC's SEC filing pattern shows exact biennial clustering (2011-2012, 2014-2015) with a complete absence of 2013 filings, creating a temporal pattern inconsistent with routine annual reporting but consistent with event-driven or milestone-based disclosure requirements","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":7583,"text":"Maiden Lane LLC's SEC reporting pattern shows biennial clusters (2011-2012, 2014-2015) with no 2013 filings, suggesting specific regulatory triggers tied to asset performance or disposition milestones rather than routine annual reporting","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":7576,"text":"Maiden Lane LLC's SEC reporting obligations likely stem from Section 15(d) asset-backed securities disclosure requirements rather than general financial services regulation, indicating the vehicle may have issued registered securities backed by the Bear Stearns mortgage portfolio","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":4856,"text":"Maiden Lane LLC has multiple SEC EDGAR filings spanning from 2011 to 2015, indicating it is a regulated financial instrument with ongoing disclosure requirements over at least a 4-year period","confidence":"inferential","dateOccurred":"2011-2015","source":null},{"id":2288,"text":"Starr International Company, led by former AIG CEO Maurice Greenberg, filed litigation in the U.S. Court of Federal Claims (Starr International Co. v. United States) challenging the terms of the AIG bailout, which involved Maiden Lane II and III structures","confidence":"primary","dateOccurred":"2011-11-15","source":{"title":"Research: Maiden Lane LLC - court record","url":"https://www.courtlistener.com/?q=%22Maiden%20Lane%20LLC%22&type=r","publication":"Public Record Research"}},{"id":2296,"text":"GAO conducted audits of the Maiden Lane facilities as mandated by the Dodd-Frank Act, with reports documenting Federal Reserve lending and asset management","confidence":"primary","dateOccurred":"2011-06-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":2283,"text":"The Government Accountability Office (GAO) conducted audits of Federal Reserve emergency lending programs including Maiden Lane entities, with reports published in 2011","confidence":"primary","dateOccurred":"2011-06-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":2267,"text":"GAO conducted audits of the Maiden Lane facilities and published reports to Congress on their operations and wind-down","confidence":"primary","dateOccurred":"2011-06-15","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":1058,"text":"Government Accountability Office (GAO) audits of Federal Reserve emergency lending, including Maiden Lane, were submitted to Congress and appear in congressional records","confidence":"primary","dateOccurred":"2011-06-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":1042,"text":"The Government Accountability Office (GAO) conducted audits of the Federal Reserve's emergency lending programs including the Maiden Lane facilities, as mandated by the Dodd-Frank Act","confidence":"primary","dateOccurred":"2011-06-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1043,"text":"The Financial Crisis Inquiry Commission (FCIC) examined the Maiden Lane transactions in its official report to Congress investigating causes of the financial crisis","confidence":"primary","dateOccurred":"2011-01-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":62080,"text":"The Federal Reserve Bank of New York has never publicly released a legal opinion determining whether Maiden Lane LLC and similar crisis-era SPVs were subject to amended Section 13(3) requirements during their wind-down period, creating a persistent transparency gap about the application of Dodd-Frank to legacy facilities.","confidence":"inferential","dateOccurred":"2010-2018","source":null},{"id":62155,"text":"No interpretive rule, notice, or order was published in the Federal Register between 2010 and 2015 specifically addressing the Section 13(3) compliance status of the Maiden Lane vehicles, in contrast to rules published for the more general Term Asset-Backed Securities Loan Facility (TALF) and Primary Dealer Credit Facility (PDCF)","confidence":"inferential","dateOccurred":"2010-2015","source":null},{"id":2295,"text":"The Congressional Oversight Panel issued multiple reports examining Maiden Lane transactions, including a June 2010 report specifically on the AIG bailout and counterparty payments","confidence":"primary","dateOccurred":"2010-06-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":2282,"text":"The Dodd-Frank Act (2010) mandated enhanced disclosure of Federal Reserve emergency lending facilities, leading to release of detailed counterparty information for Maiden Lane transactions","confidence":"primary","dateOccurred":"2010-06-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1046,"text":"Congressional hearings, including those held by the House Committee on Oversight and Government Reform, examined the terms and counterparty payments of the Maiden Lane III transactions, particularly payments to Goldman Sachs and other AIG counterparties at par value","confidence":"primary","dateOccurred":"2010-06-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":2297,"text":"Congressional hearings in January 2010 before the House Committee on Oversight and Government Reform examined the decision to pay AIG counterparties (via Maiden Lane III) at 100 cents on the dollar","confidence":"primary","dateOccurred":"2010-01-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":1052,"text":"GAO and SIGTARP (Special Inspector General for TARP) conducted audits and investigations into Maiden Lane transactions, producing public reports that became part of the official record","confidence":"primary","dateOccurred":"2009-2011","source":{"title":"Research: Maiden Lane LLC - court record","url":"https://www.courtlistener.com/?q=%22Maiden%20Lane%20LLC%22&type=r","publication":"Public Record Research"}},{"id":1026,"text":"GAO audits and reports to Congress documented the Maiden Lane transactions as part of oversight of the federal financial crisis response","confidence":"primary","dateOccurred":"2009-2011","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":1056,"text":"The Congressional Oversight Panel (COP) published detailed reports on Maiden Lane vehicles that were entered into the Congressional Record","confidence":"primary","dateOccurred":"2009-2010","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":1047,"text":"The Special Inspector General for the Troubled Asset Relief Program (SIGTARP) issued reports examining the AIG bailout including the role of Maiden Lane II and III","confidence":"primary","dateOccurred":"2009-2010","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":2298,"text":"The Special Inspector General for TARP (SIGTARP) issued reports critical of the New York Fed's handling of Maiden Lane III counterparty negotiations","confidence":"primary","dateOccurred":"2009-11-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":1057,"text":"UK House of Commons Treasury Select Committee reports referenced Maiden Lane structures when examining comparative regulatory responses to the financial crisis","confidence":"secondary","dateOccurred":"2009-06-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":2276,"text":"Financial disclosures related to Maiden Lane facilities are published by the Federal Reserve Bank of New York, not through federal contract tracking systems","confidence":"primary","dateOccurred":"2008-present","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":1040,"text":"The Federal Reserve Bank of New York publishes quarterly reports on Maiden Lane LLC portfolios on its official website, including asset valuations and loan balances","confidence":"primary","dateOccurred":"2008-present","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1030,"text":"These Federal Reserve-created Maiden Lane entities are not private companies and would not appear as FEC donors","confidence":"primary","dateOccurred":"2008-present","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":2271,"text":"No documented evidence in my training data of the Federal Reserve's Maiden Lane LLCs making FEC-reportable political contributions","confidence":"inferential","dateOccurred":"2008-2023","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":62088,"text":"The FRBNY consolidated Maiden Lane LLC as a variable interest entity under ASC 810, which in the government context is presumptive evidence of the level of control and integration consistent with federal instrumentality status","confidence":"inferential","dateOccurred":"2008-2015","source":null},{"id":72073,"text":"Maiden Lane LLC's SEC filing obligations arose from the Registration Under the Securities Act of 1933 and Trust Indenture Act of 1939 requirements for the asset-backed securities it created (the trusts), not from any operational or reporting requirements on the LLC itself.","confidence":"inferential","dateOccurred":"2008-2015","source":null},{"id":8761,"text":"BlackRock's role in Maiden Lane LLC extended beyond asset management to potentially include securities structuring and ongoing regulatory compliance, creating undisclosed revenue streams from the crisis intervention","confidence":"inferential","dateOccurred":"2008-2015","source":null},{"id":8760,"text":"The Federal Reserve's crisis-era vehicles operated in a regulatory gray zone between government instrumentality and private securities issuer, creating unprecedented disclosure obligations","confidence":"inferential","dateOccurred":"2008-2015","source":null},{"id":7588,"text":"The absence of litigation against Maiden Lane LLC likely reflects the Federal Reserve's careful legal structuring of crisis vehicles with government backing and professional third-party management to minimize legal exposure rather than fortuitous avoidance of legitimate claims","confidence":"inferential","dateOccurred":"2008-2015","source":null},{"id":2277,"text":"The Federal Reserve reported that all Maiden Lane facilities were eventually wound down with full repayment of the Federal Reserve's loans plus interest","confidence":"primary","dateOccurred":"2008-2014","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":2266,"text":"The Federal Reserve Bank of New York published periodic reports on Maiden Lane portfolio holdings and valuations on its website, though these are not SEC filings","confidence":"primary","dateOccurred":"2008-2014","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":1038,"text":"All three Maiden Lane facilities were eventually wound down with the Federal Reserve recovering its loans plus interest","confidence":"primary","dateOccurred":"2008-2014","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":1025,"text":"The Federal Reserve published detailed transaction information and portfolio holdings for Maiden Lane entities through its website disclosures, not through SEC filings, as these were Federal Reserve-created vehicles","confidence":"primary","dateOccurred":"2008-2014","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":2270,"text":"The Federal Reserve's Maiden Lane entities were financial holding vehicles for distressed assets, not operating companies that would engage in political activity","confidence":"primary","dateOccurred":"2008-2012","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":2264,"text":"Information about Maiden Lane transactions appears in AIG's SEC filings (10-K and 8-K reports) as the transactions were material to AIG's financial condition","confidence":"primary","dateOccurred":"2008-2012","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":1036,"text":"These entities were managed by BlackRock Financial Management Inc. under contract with the Federal Reserve Bank of New York","confidence":"primary","dateOccurred":"2008-2012","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":66537,"text":"The 3-year gap between Maiden Lane LLC’s operational creation (March 14, 2008) and its first SEC filing (February 2011) represents an extended period during which approximately $30 billion in taxpayer-guaranteed assets were managed by a private contractor under contract terms that were not publicly disclosed and were not subject to standard federal procurement oversight.","confidence":"inferential","dateOccurred":"2008-2011","source":null},{"id":6736,"text":"The timing gap between Maiden Lane LLC's operational launch (March 2008) and first SEC disclosure (February 2011) spans two major election cycles during which the $30 billion vehicle operated with limited public reporting","confidence":"inferential","dateOccurred":"2008-2011","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":6161,"text":"The 3-year gap between Maiden Lane LLC's creation (March 2008) and first SEC filing (February 2011) created a period of limited public disclosure for the $30 billion vehicle during active political cycles","confidence":"inferential","dateOccurred":"2008-2011","source":{"title":"Research: Maiden Lane LLC - FEC donations","url":"https://www.fec.gov/data/receipts/?contributor_name=Maiden%20Lane%20LLC","publication":"Public Record Research"}},{"id":1055,"text":"U.S. Congressional hearings before the House Financial Services Committee and Senate Banking Committee extensively examined the Maiden Lane facilities as part of oversight of the Federal Reserve's emergency lending programs","confidence":"primary","dateOccurred":"2008-2011","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":8860,"text":"The absence of 'Maiden Lane LLC' in UK parliamentary records reflects jurisdictional focus on domestic Bank of England responses rather than detailed knowledge of Federal Reserve operational structures","confidence":"inferential","dateOccurred":"2008-2010","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":8859,"text":"UK parliamentary records likely reference Federal Reserve crisis interventions through policy terminology rather than operational vehicle names, creating a systematic gap between technical implementation and political discourse documentation","confidence":"inferential","dateOccurred":"2008-2010","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":6166,"text":"UK parliamentary records databases would need to be searched for broader crisis terminology rather than specific 'Maiden Lane LLC' references to properly assess the scope of discussion about Federal Reserve emergency lending mechanisms","confidence":"inferential","dateOccurred":"2008-2010","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":2299,"text":"UK Parliamentary records contain limited direct references to Maiden Lane LLC, primarily in context of broader discussions about the 2008 financial crisis and international regulatory responses","confidence":"secondary","dateOccurred":"2008-2010","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":7589,"text":"Maiden Lane LLC's litigation avoidance may be attributable to timing advantages during the 2008 crisis when potential plaintiffs prioritized institutional survival over pursuing legal remedies against government bailout vehicles","confidence":"inferential","dateOccurred":"2008-2009","source":null},{"id":7584,"text":"The jurisdictional routing of crisis-era contracts through Federal Reserve versus Treasury channels created differential public transparency for identical services, with Fed-managed vehicles exempt from USASpending disclosure while Treasury-managed programs remained visible","confidence":"inferential","dateOccurred":"2008-2009","source":null},{"id":7579,"text":"The Federal Reserve Bank of New York created three special purpose vehicles named Maiden Lane LLC (Bear Stearns assets), Maiden Lane II LLC (AIG assets), and Maiden Lane III LLC (AIG assets) during 2008-2009 as part of crisis response, representing over $75 billion in emergency lending facilities","confidence":"secondary","dateOccurred":"2008-2009","source":null},{"id":6735,"text":"BlackRock received crisis-era contracts through both Federal Reserve channels (exempt from USASpending) and Treasury channels (subject to USASpending), creating asymmetric public visibility for the same vendor's government work","confidence":"inferential","dateOccurred":"2008-2009","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":3504,"text":"The jurisdictional routing of crisis-era bailout contracts through the Fed versus Treasury had material implications for public transparency, with Fed-routed contracts exempt from USASpending.gov disclosure","confidence":"secondary","dateOccurred":"2008-2009","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}},{"id":1024,"text":"AIG's SEC filings (Form 10-K and 8-K) reference transactions with Maiden Lane II and III as the entities acquired residential mortgage-backed securities and CDO assets from AIG","confidence":"primary","dateOccurred":"2008-2009","source":{"title":"Research: Maiden Lane LLC - SEC filing","url":"https://efts.sec.gov/LATEST/search-index?q=%22Maiden%20Lane%20LLC%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"Public Record Research"}},{"id":11301,"text":"Maiden Lane II LLC was funded with $19.5 billion senior loan from FRBNY and $1 billion from AIG","confidence":"primary","dateOccurred":"2008-12-12","source":{"title":"Federal Reserve Board documentation","url":"https://www.bloomberg.com/profile/company/1530685D:US","publication":"Directed Inquiry — Web Search"}},{"id":2294,"text":"Maiden Lane II and III were created in November 2008 in connection with the AIG bailout, with Maiden Lane III acquiring CDO portfolios from AIG counterparties","confidence":"primary","dateOccurred":"2008-11-15","source":{"title":"Research: Maiden Lane LLC - parliamentary record","url":"https://www.congress.gov/search?q=%7B%22search%22%3A%22Maiden%20Lane%20LLC%22%7D","publication":"Public Record Research"}},{"id":2281,"text":"Maiden Lane III LLC was created in November 2008 to purchase collateralized debt obligations from AIG's counterparties, with the Fed providing approximately $24.3 billion in senior funding","confidence":"primary","dateOccurred":"2008-11-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1041,"text":"Maiden Lane II LLC and Maiden Lane III LLC were created in November 2008 in connection with the AIG rescue, with ML II acquiring residential mortgage-backed securities from AIG and ML III acquiring CDO assets from AIG counterparties","confidence":"primary","dateOccurred":"2008-11-15","source":{"title":"Research: Maiden Lane LLC - government disclosure","url":"https://lda.senate.gov/filings/public/filing/search/?registrant=Maiden%20Lane%20LLC&registrant_country=&registrant_ppb_country=&client=Maiden%20Lane%20LLC&client_country=&client_ppb_country=&client_state=","publication":"Public Record Research"}},{"id":1035,"text":"Maiden Lane III LLC was created in November 2008 to purchase CDO assets from AIG counterparties","confidence":"primary","dateOccurred":"2008-11-15","source":{"title":"Research: Maiden Lane LLC - federal contracts site:usaspending.gov","url":"https://www.usaspending.gov/search/?hash=eyJmaWx0ZXJzIjp7ImtleXdvcmQiOiJNYWlkZW4gTGFuZSBMTEMifX0","publication":"Public Record Research"}}],"connections":[{"id":9677,"relationshipType":"crisis_manager","description":"The Federal Reserve gave Fink's BlackRock no-bid contracts to manage toxic assets in all three Maiden Lane special purpose vehicles during the 2008 crisis: Maiden Lane ($30B Bear Stearns), Maiden Lane II (AIG MBS), and Maiden Lane III (AIG CDOs).","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":159,"name":"Larry Fink","slug":"larry-fink","type":"person"}},{"id":1157,"relationshipType":"service_provider","description":"State Street provided administrative, custodial and collateral administration services","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":616,"name":"State Street","slug":"state-street","type":"company"}},{"id":1153,"relationshipType":"subsidiary","description":"Grantor trust established to hold residential mortgage loans","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":618,"name":"Maiden Lane Asset Backed Securities I Trust 2008-1","slug":"maiden-lane-asset-backed-securities-i-trust-2008-1","type":"instrument"}},{"id":1152,"relationshipType":"subsidiary","description":"Grantor trust established to hold commercial mortgage loans","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":617,"name":"Maiden Lane Commercial Mortgage Backed Securities Trust 2008-1","slug":"maiden-lane-commercial-mortgage-backed-securities-trust-2008-1","type":"instrument"}},{"id":1151,"relationshipType":"investor","description":"BlackRock served as investment manager and advisor for asset management","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":615,"name":"BlackRock Financial Management, Inc.","slug":"blackrock-financial-management-inc","type":"company"}},{"id":1150,"relationshipType":"subordinated lender","description":"JPMC provided $1.15 billion subordinated loan to facilitate Bear Stearns acquisition","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":150,"name":"JPMorgan Chase","slug":"jpmorgan-chase","type":"company"}},{"id":1149,"relationshipType":"special purpose vehicle","description":"Created and consolidated by FRBNY as crisis intervention vehicle","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":614,"name":"Federal Reserve Bank of New York","slug":"federal-reserve-bank-of-new-york","type":"institution"}},{"id":1000,"relationshipType":"subordinate_lender","description":"JPMorgan provided $1.15 billion subordinate loan to facilitate Bear Stearns acquisition","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":150,"name":"JPMorgan Chase","slug":"jpmorgan-chase","type":"company"}},{"id":998,"relationshipType":"managing_member","description":"FRBNY serves as managing member and consolidates Maiden Lane LLC","confidence":"confirmed","firstDocumented":null,"lastDocumented":null,"other":{"id":614,"name":"Federal Reserve Bank of New York","slug":"federal-reserve-bank-of-new-york","type":"institution"}},{"id":16856,"relationshipType":"linked official","description":"As Treasury Secretary during the 2008 crisis, Paulson was involved in the broader financial rescue that included Maiden Lane LLC.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":155,"name":"Henry Paulson","slug":"henry-paulson","type":"person"}},{"id":16855,"relationshipType":"linked official","description":"As President of the Federal Reserve Bank of New York during the 2008 crisis, Geithner was directly involved in the creation and operation of Maiden Lane LLC.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":153,"name":"Timothy Geithner","slug":"timothy-geithner","type":"person"}},{"id":16854,"relationshipType":"linked official","description":"As Federal Reserve Chairman during the 2008 crisis, Bernanke was involved in the decisions that led to creation of Maiden Lane LLC.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":154,"name":"Ben Bernanke","slug":"ben-bernanke","type":"person"}},{"id":16852,"relationshipType":"contractor","description":"State Street Corporation (via Investment Support Office) is referenced in connection with the Maiden Lane entities' operational structure.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":616,"name":"State Street","slug":"state-street","type":"company"}},{"id":15386,"relationshipType":"contractor","description":"GE Capital Real Estate is listed among the entities including Maiden Lane LLC in the context of the Public-Private Investment Program (PPIP), indicating they were both participants or counterparties in that program.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":813,"name":"GE Capital Real Estate","slug":"ge-capital-real-estate","type":"company"}},{"id":15319,"relationshipType":"affiliation","description":"The entity 'Maiden Lane LLC' appears in the known entities list near the end. The shared 'Maiden Lane' naming strongly suggests a close corporate relationship, possibly a parent, subsidiary, or related entity of 'Maiden Lane Partners LLC'.","confidence":"inferential","firstDocumented":"2026","lastDocumented":null,"other":{"id":803,"name":"Maiden Lane Partners LLC","slug":"maiden-lane-partners-llc","type":"company"}},{"id":15314,"relationshipType":"name similarity","description":"Another entity with the 'Maiden Lane' name, listed in the known entities database, suggesting an affiliation or common source.","confidence":"inferential","firstDocumented":"2014","lastDocumented":null,"other":{"id":802,"name":"Maiden Lane Ventures, LLC","slug":"maiden-lane-ventures-llc","type":"company"}},{"id":13856,"relationshipType":"oversight","description":"Emergency orders requiring Form SH filings related to short selling during 2008 crisis when Maiden Lane facilities were established by Federal Reserve","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":391,"name":"Securities and Exchange Commission","slug":"securities-and-exchange-commission","type":"government_agency"}},{"id":13839,"relationshipType":"related_facility","description":"The PDCF was part of a suite of emergency facilities that included Maiden Lane LLC, both created to address the 2008 financial crisis.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":390,"name":"Primary Dealer Credit Facility (PDCF)","slug":"primary-dealer-credit-facility-pdcf","type":"institution"}},{"id":184,"relationshipType":"indirect_institutional_connection","description":"Epstein was a former Bear Stearns employee (1976-1981). When Bear Stearns collapsed in 2008, the Federal Reserve created Maiden Lane LLC to manage the firm's troubled assets as part of the JPMorgan acquisition. This is a distant institutional connection - Epstein had left Bear Stearns approximately 27 years before its collapse.","confidence":"inferential","firstDocumented":"2008","lastDocumented":null,"other":{"id":8,"name":"Jeffrey Epstein","slug":"jeffrey-epstein","type":"person"}},{"id":9669,"relationshipType":"policy_enabler","description":"The Maiden Lane LLC was created to hold Bear Stearns' toxic assets during the 2008 bailout — assets that existed because Clinton-era deregulation allowed commercial banks to engage in securities and derivatives trading.","confidence":"possible","firstDocumented":null,"lastDocumented":null,"other":{"id":8819,"name":"Bill Clinton","slug":"bill-clinton","type":"person"}},{"id":16853,"relationshipType":"investigator","description":"The FCIC examined the Maiden Lane transactions in its official report to Congress investigating causes of the financial crisis.","confidence":"primary","firstDocumented":"2011","lastDocumented":null,"other":{"id":9467,"name":"Financial Crisis Inquiry Commission","slug":"financial-crisis-inquiry-commission","type":"government_agency"}},{"id":16851,"relationshipType":"counterparty","description":"Maiden Lane III was involved in litigation regarding credit default swap payments to counterparties including Goldman Sachs, with congressional investigations examining whether counterparties received preferential treatment.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":9013,"name":"Goldman Sachs","slug":"goldman-sachs","type":"organisation"}},{"id":16850,"relationshipType":"auditor","description":"The GAO conducted audits of Federal Reserve emergency lending programs including Maiden Lane entities, with reports published in 2011 as mandated by the Dodd-Frank Act.","confidence":"primary","firstDocumented":"2011","lastDocumented":null,"other":{"id":611,"name":"Government Accountability Office","slug":"government-accountability-office","type":"government_agency"}},{"id":13829,"relationshipType":"entity_rated","description":"Fitch Ratings was one of the rating agencies that rated securities or entities associated with the Maiden Lane LLC portfolio, which was created by the Federal Reserve Bank of New York during the 2008 financial crisis to acquire Bear Stearns assets.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":387,"name":"Fitch Ratings","slug":"fitch-ratings","type":"company"}},{"id":13804,"relationshipType":"financial_transaction","description":"The Federal Reserve's Maiden Lane LLC, created in March 2008 to absorb Bear Stearns' toxic assets, included collateral from Liquid Funding Ltd. Bear Stearns Bank Plc's managed portfolio constituted part of the assets backstopped by the $28.82 billion central bank loan.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":379,"name":"Bear Stearns Bank Plc","slug":"bear-stearns-bank-plc","type":"company"}},{"id":12364,"relationshipType":"SPV creation","description":"FRBNY created Maiden Lane LLC to hold ~$30 billion of Bear Stearns' toxic assets, funded by a $28.82 billion FRBNY loan and $1 billion JPMorgan subordinated loan.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":8820,"name":"Bear Stearns","slug":"bear-stearns","type":"company"}},{"id":11644,"relationshipType":"Portfolio Managed via Aladdin","description":"Aladdin valued toxic assets in Maiden Lane I (Bear Stearns $30B), Maiden Lane II/III (AIG), and became the US government's official valuation of those assets.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":161,"name":"Aladdin System","slug":"aladdin-system","type":"instrument"}},{"id":134,"relationshipType":"investor","description":"BlackRock Financial Management Inc. was hired by the Federal Reserve Bank of New York to manage the Maiden Lane LLC portfolios, including Maiden Lane I, II, and III. BlackRock served as the investment manager for these special purpose vehicles holding distressed assets from Bear Stearns and AIG.","confidence":"primary","firstDocumented":"2008","lastDocumented":null,"other":{"id":25,"name":"BlackRock","slug":"blackrock","type":"company"}},{"id":9723,"relationshipType":"causal_chain","description":"Rubin's Glass-Steagall repeal enabled the creation of toxic instruments at Bear Stearns. Bear Stearns collapsed. Maiden Lane LLC was created to hold Bear Stearns toxic assets. BlackRock managed Maiden Lane. Rubin is the first domino in this chain.","confidence":"secondary","firstDocumented":null,"lastDocumented":null,"other":{"id":8822,"name":"Robert Rubin","slug":"robert-rubin","type":"person"}},{"id":111,"relationshipType":"contractor","description":"BlackRock received contracts from the U.S. Treasury and Federal Reserve during the 2008-2009 financial crisis to provide advisory services and manage distressed assets, including work related to Bear Stearns and AIG holdings. Maiden Lane LLC vehicles were created by the Federal Reserve to hold these distressed assets, and BlackRock provided advisory and management services for these portfolios.","confidence":"secondary","firstDocumented":"2008","lastDocumented":null,"other":{"id":25,"name":"BlackRock","slug":"blackrock","type":"company"}}],"contradictions":[],"permalink":"https://www.goblinhouse.net/entity/maiden-lane-llc","timelineUrl":"https://www.goblinhouse.net/entity/maiden-lane-llc/timeline"}