Facts (146)
Data Freshness
Stale
Last update: 183d ago · Avg age: 966d
Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (93)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC purchased approximately $30 billion in assets from Bear Stearns with $29 billion loan from Federal Reserve Bank of New York
⚠ flagged by Gemini
Primary Sourcew·40
The Maiden Lane LLC transaction ultimately produced a net gain of $2.5 billion despite initial Bank of America projections of $2-6 billion losses
⚠ flagged by Gemini
Primary Sourcew·40
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
✓ Gemini-verified (100)
Primary Source
Maiden Lane LLC purchased approximately $30 billion of Bear Stearns assets, primarily mortgage-related securities, whole mortgage loans, and associated hedges
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC was not subject to standard SEC periodic reporting requirements (10-K, 10-Q, 8-K) as it was a special purpose vehicle consolidated by the Federal Reserve Bank of New York
⚠ flagged by Gemini
Primary Sourcew·40
The Federal Reserve Bank of New York extended a $28.82 billion senior loan to Maiden Lane LLC, while JPMorgan Chase provided a $1.15 billion subordinated loan
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC established two grantor trusts: Maiden Lane Commercial Mortgage Backed Securities Trust 2008-1 and Maiden Lane Asset Backed Securities I Trust 2008-1
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC was organized as a Delaware Limited Liability Company on April 29, 2008, and registered to do business as a foreign limited liability company in New York on June 26, 2008
✓ Gemini-verified (100)
Primary Source
Maiden Lane II LLC generated net gain of approximately $2.8 billion for U.S. public
✓ Gemini-verified (100)
Primary Source
Maiden Lane II LLC was funded with $19.5 billion senior loan from FRBNY and $1 billion from AIG
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC sold all remaining securities on September 18, 2018
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane III LLC was dissolved on September 10, 2012 under Delaware law
✓ Gemini-verified (100)
Primary Source
Maiden Lane III LLC sold all remaining securities on August 23, 2012
✓ Gemini-verified (100)
Primary Source
Maiden Lane II LLC sold all remaining securities on February 28, 2012 and repaid all obligations
✓ Gemini-verified (100)
Primary Source
Maiden Lane II LLC and Maiden Lane III LLC had final cash distributions on November 20, 2014 after payment of trailing expenses
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane II LLC was formally terminated on November 12, 2014
✓ Gemini-verified (100)
Primary Source
BlackRock manages the investment portfolio of Maiden Lane LLC under a multi-year contract with FRBNY that includes provisions governing termination
⚠ flagged by Gemini
Primary Sourcew·40
November 12, 2014: The legal existence of Maiden Lane II LLC and Maiden Lane III LLC was formally terminated
⚠ flagged by Gemini
Primary Sourcew·40
September 18, 2018: Maiden Lane LLC sold all remaining securities and generated a net gain of approximately $2.5 billion
⚠ flagged by Gemini
Primary Sourcew·40
As of December 31, 2015, Maiden Lane LLC was the sole certificate holder of the CRE Trust
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC's Residential Trust terminated in December 2013 as a result of liquidation of all underlying assets
✓ Gemini-verified (100)
Primary Source
As of December 31, 2015, Maiden Lane LLC had approximately $213 million in Government Money Market Funds
✓ Gemini-verified (100)
Primary Source
Maiden Lane LLC was registered as a foreign limited liability company in New York on June 26, 2008
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC was a Delaware limited liability company organized on April 29, 2008
AI Inference
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
Date: 2011-2015
Added: 08 Apr 2026
AI ANALYSIS
AI Inference
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
Date: 2013-06-15
Added: 08 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
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
Date: 2008-2015
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
Primary Sourcew·40
Federal Reserve created Maiden Lane LLC with $29 billion to buy Bear Stearns toxic assets
✓ verified
AI Inference
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
Date: 2008-2009
Added: 07 Apr 2026
AI ANALYSIS
AI Inference
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
Date: 2015-06-15
Added: 07 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
The name 'Maiden Lane' for Federal Reserve crisis vehicles derives from the street address of the Federal Reserve Bank of New York building, establishing it as the official designation for these quasi-governmental instruments
Date: 2008-06-15
Added: 07 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
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
Date: 2008-2009
Added: 07 Apr 2026
AI ANALYSIS
✓ Gemini-verified (90)
Partially Corroborated
Maiden Lane LLC's legal status as a Federal Reserve special purpose vehicle rather than a traditional federal contractor explains its absence from standard government procurement databases while maintaining SEC reporting obligations for asset-backed securities
✓ verified
AI Inference
The entity name 'Maiden Lane LLC' is historically significant - this was the name used for special purpose vehicles created by the Federal Reserve Bank of New York during the 2008 financial crisis to acquire assets from Bear Stearns and AIG
Added: 07 Apr 2026
AI ANALYSIS
✓ Gemini-verified (100)
AI Inference
No lobbying disclosures found for "Maiden Lane LLC" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Maiden Lane LLC — Lobbying disclosures (no results)
✓ Gemini-verified (90)
AI Inference
No corporate registrations found for "Maiden Lane LLC" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Maiden Lane LLC — Corporate registrations (no results)
✓ Gemini-verified (95)
AI Inference
No usaspending contracts found for "Maiden Lane LLC" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Maiden Lane LLC — USASpending contracts (no results)
✓ Gemini-verified (90)
Partially Corroborated
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
✓ Gemini-verified (85)
Partially Corroborated
BlackRock's Maiden Lane asset management contract was structured under Federal Reserve Bank of New York procurement authority rather than Treasury/FAR authority, placing it outside normal federal contract transparency requirements
✓ Gemini-verified (100)
Partially Corroborated
Maiden Lane LLC filed filing with the SEC on 2014-09-22. Accession number: N/A.
✓ Gemini-verified (100)
Partially Corroborated
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
⚠ flagged by Gemini
Primary Sourcew·40
The Special Inspector General for TARP (SIGTARP) issued reports critical of the New York Fed's handling of Maiden Lane III counterparty negotiations
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
GAO conducted audits of the Maiden Lane facilities as mandated by the Dodd-Frank Act, with reports documenting Federal Reserve lending and asset management
⚠ flagged by Gemini
Primary Sourcew·40
The Congressional Oversight Panel issued multiple reports examining Maiden Lane transactions, including a June 2010 report specifically on the AIG bailout and counterparty payments
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
The Federal Reserve Bank of New York reported that Maiden Lane LLC (I) was fully repaid with interest by June 2012
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
BlackRock Financial Management was disclosed as the investment manager for the Maiden Lane portfolios in Federal Reserve documentation
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
The Government Accountability Office (GAO) conducted audits of Federal Reserve emergency lending programs including Maiden Lane entities, with reports published in 2011
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
The Federal Reserve reported that all Maiden Lane facilities were eventually wound down with full repayment of the Federal Reserve's loans plus interest
✓ Gemini-verified (95)
Primary Source
Financial disclosures related to Maiden Lane facilities are published by the Federal Reserve Bank of New York, not through federal contract tracking systems
✓ Gemini-verified (95)
Primary Source
The Maiden Lane entities are not standard federal contractors and would not typically appear in USASpending.gov procurement databases
⚠ flagged by Gemini
Primary Sourcew·40
The Federal Reserve's Maiden Lane entities were financial holding vehicles for distressed assets, not operating companies that would engage in political activity
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC were special purpose vehicles created by the Federal Reserve Bank of New York in 2008 to facilitate the Bear Stearns and AIG transactions
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane III LLC was fully wound down and repaid with interest by 2012
⚠ flagged by Gemini
Primary Sourcew·40
GAO conducted audits of the Maiden Lane facilities and published reports to Congress on their operations and wind-down
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
JPMorgan Chase SEC filings reference Maiden Lane LLC in connection with the Bear Stearns acquisition
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
Government Accountability Office (GAO) audits of Federal Reserve emergency lending, including Maiden Lane, were submitted to Congress and appear in congressional records
✓ Gemini-verified (95)
Partially Corroborated
UK House of Commons Treasury Select Committee reports referenced Maiden Lane structures when examining comparative regulatory responses to the financial crisis
⚠ flagged by Gemini
Primary Sourcew·40
The Congressional Oversight Panel (COP) published detailed reports on Maiden Lane vehicles that were entered into the Congressional Record
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
✓ Gemini-verified (95)
Primary Source
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
BlackRock was disclosed as the investment manager hired to manage the Maiden Lane portfolios on behalf of the Federal Reserve Bank of New York
⚠ flagged by Gemini
Primary Sourcew·40
The Financial Crisis Inquiry Commission (FCIC) examined the Maiden Lane transactions in its official report to Congress investigating causes of the financial crisis
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
All three Maiden Lane facilities were eventually wound down with the Federal Reserve recovering its loans plus interest
✓ Gemini-verified (95)
Partially Corroborated
Federal Reserve emergency lending facilities like Maiden Lane are not tracked in USASpending.gov, which covers executive branch appropriated spending
⚠ flagged by Gemini
Primary Sourcew·40
These entities were managed by BlackRock Financial Management Inc. under contract with the Federal Reserve Bank of New York
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane III LLC was created in November 2008 to purchase CDO assets from AIG counterparties
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane II LLC was created in November 2008 to purchase residential mortgage-backed securities from AIG
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
These Federal Reserve-created Maiden Lane entities are not private companies and would not appear as FEC donors
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC was created by the Federal Reserve Bank of New York in March 2008 as a special purpose vehicle to acquire assets from Bear Stearns
⚠ flagged by Gemini
Primary Sourcew·40
The New York Fed reported that all three Maiden Lane facilities were fully repaid with interest by 2012-2014
⚠ flagged by Gemini
Primary Sourcew·40
GAO audits and reports to Congress documented the Maiden Lane transactions as part of oversight of the federal financial crisis response
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
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
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane II LLC and Maiden Lane III LLC were created in November 2008 in connection with the federal assistance to AIG
⚠ flagged by Gemini
Primary Sourcew·40
Maiden Lane LLC was created in March 2008 by the Federal Reserve Bank of New York to acquire approximately $30 billion in assets from Bear Stearns to facilitate JPMorgan Chase's acquisition of Bear Stearns
AI Analysis (13)
AI-generated inferences derived from cross-referencing primary and secondary data. These are analytical hypotheses, not established facts — they are the platform's
read, not its
record, and the verification pipeline covers their provenance, not their truth.
Where verification stops →
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
The Federal Reserve's Section 13(3) emergency lending authority creates a systematic transparency exemption from USASpending.gov disclosure that affected multiple crisis-era vehicles beyond Maiden Lane
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
The March 14-16, 2008 weekend saw both the creation of Maiden Lane LLC and David Danzeisen's departure from BlackRock, the same firm that received the no-bid asset management contract
⚠ flagged by Gemini
AI Inferencew·40
The jurisdictional choice between Treasury and Federal Reserve routing for crisis-era contracts had material implications for public transparency, with Fed-managed vehicles exempt from standard procurement disclosure while Treasury-managed programs remained subject to USASpending reporting
⚠ flagged by Gemini
AI Inferencew·40
The Federal Reserve's emergency lending authority under Section 13(3) creates a structural exemption from Federal Acquisition Regulation (FAR) procurement rules and associated USASpending.gov disclosure requirements
⚠ flagged by Gemini
AI Inferencew·40
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
⚠ flagged by Gemini
AI Inferencew·40
Federal election law explicitly prohibits government-created special purpose vehicles like Maiden Lane LLC from making political contributions, establishing a bright-line rule for FEC verification protocols
AI Inference
No documented evidence in my training data of the Federal Reserve's Maiden Lane LLCs making FEC-reportable political contributions
AI Inference
No documented FEC contribution records from the Federal Reserve's Maiden Lane LLC entities exist in my training data
All Connections (26)
special purpose vehicle, managing_member
confirmed
Created and consolidated by FRBNY as crisis intervention vehicle · FRBNY serves as managing member and consolidates Maiden Lane LLC
subordinated lender, subordinate_lender
confirmed
JPMC provided $1.15 billion subordinated loan to facilitate Bear Stearns acquisition · JPMorgan provided $1.15 billion subordinate loan to facilitate Bear Stearns acquisition
investor
confirmed
BlackRock served as investment manager and advisor for asset management
auditor
primary
since 2011
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.
counterparty
primary
since 2008
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.
contractor, service_provider
inferential
since 2008
State Street Corporation (via Investment Support Office) is referenced in connection with the Maiden Lane entities' operational structure. · State Street provided administrative, custodial and collateral administration services
investigator
primary
since 2011
The FCIC examined the Maiden Lane transactions in its official report to Congress investigating causes of the financial crisis.
linked official
inferential
since 2008
As Federal Reserve Chairman during the 2008 crisis, Bernanke was involved in the decisions that led to creation of Maiden Lane LLC.
linked official
inferential
since 2008
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.
linked official
inferential
since 2008
As Treasury Secretary during the 2008 crisis, Paulson was involved in the broader financial rescue that included Maiden Lane LLC.
investor, contractor
primary
since 2008
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. · 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.
indirect_institutional_connection
inferential
since 2008
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.
policy_enabler
possible
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.
crisis_manager
confirmed
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).
causal_chain
secondary
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.
subsidiary
confirmed
Grantor trust established to hold commercial mortgage loans
subsidiary
confirmed
Grantor trust established to hold residential mortgage loans
Portfolio Managed via Aladdin
primary
since 2008
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.
SPV creation
primary
since 2008
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.
financial_transaction
primary
since 2008
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.
entity_rated
primary
since 2008
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.
related_facility
inferential
since 2008
The PDCF was part of a suite of emergency facilities that included Maiden Lane LLC, both created to address the 2008 financial crisis.
oversight
inferential
since 2008
Emergency orders requiring Form SH filings related to short selling during 2008 crisis when Maiden Lane facilities were established by Federal Reserve
name similarity
inferential
since 2014
Another entity with the 'Maiden Lane' name, listed in the known entities database, suggesting an affiliation or common source.
contractor
inferential
since 2008
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.
affiliation
inferential
since 2026
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'.
Sources (39)
2026
AI ANALYSIS
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Maiden Lane LLC — Parliamentary records (no results)
parliamentary_record
Processed
📜 Receipt
2026
UNVERIFIED Research: Maiden Lane LLC — Court records (no results)
court_document
Processed
📜 Receipt
2026
UNVERIFIED Research: Maiden Lane LLC — Lobbying disclosures (no results)
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Maiden Lane LLC — Corporate registrations (no results)
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Maiden Lane LLC — USASpending contracts (no results)
contract
Processed
📜 Receipt
