The Bull must die October 27, 2008 at 5:29 pm
From the FED, Information on Principal Accounts of Maiden Lane LLC as at Wednesday, Oct 22, 2008
Net portfolio holdings of Maiden Lane LLC: $26,802M
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York: $28,820M
So the FED is a couple of billion underwater. On October 16th, the assets were valued at $29,492M.