AIG's contribution to Fed rescue vehicle repaid

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AIG's contribution to Fed rescue vehicle repaid
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) -- American International Group's equity contribution of $5 billion, as well as interest, to the Maiden Lane III assets have been fully repaid, the New York Fed said Monday. Maiden Lane III was created in 2008 as part of the Fed bailout of the insurance company and consisted of collateralized debt obligations of AIG counterparties. The New York Fed's $24 billion loan had already been repaid. From here, the New York Fed will get two-thirds of profits generated by future sales of Maiden Lane III assets.