Deals
Credit Suisse Paid $6.8 Billion for AIG’s Home-Loan Bonds
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Credit Suisse Group AG paid $6.8 billion to the Federal Reserve Bank of New York for $13 billion of home-loan bonds that had been assumed in the U.S. rescue of American International Group Inc.
Goldman Sachs Group Inc. paid $3.5 billion for $6.2 billion of the securities in the New York Fed’s Maiden Lane II vehicle while winning one of the three auctions conducted in January and February, according to data posted today on the central bank’s website. Credit Suisse won the other two.