Maiden Lane LLC

E560326

Maiden Lane LLC was a special-purpose vehicle created by the Federal Reserve Bank of New York to facilitate the bailout and orderly resolution of Bear Stearns during the 2008 financial crisis.

All labels observed (1)

Label Occurrences
Maiden Lane LLC canonical 2

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf limited liability company ⓘ
special-purpose vehicle ⓘ
affiliation Federal Reserve System ⓘ
assetTypeHeld derivatives ⓘ
mortgage-related securities ⓘ
other Bear Stearns portfolio assets ⓘ
associatedEvent Bear Stearns rescue ⓘ
Federal Reserve emergency lending programs ⓘ
backedBy Federal Reserve Bank of New York ⓘ
beneficiary Bear Stearns creditors ⓘ
JPMorgan Chase ⓘ
U.S. financial system stability ⓘ
country United States ⓘ
creator Federal Reserve Bank of New York ⓘ
disclosureRequirement periodic public reporting of portfolio and performance ⓘ
dissolution after repayment of Federal Reserve loan ⓘ
financingSource Federal Reserve Bank of New York ⓘ
financingStructure loan from Federal Reserve Bank of New York secured by portfolio assets ⓘ
function hold and manage assets acquired from Bear Stearns ⓘ
isolate troubled assets from Bear Stearns balance sheet ⓘ
hasPart portfolio of Bear Stearns assets ⓘ
inception 2008 ⓘ
industry financial services ⓘ
jurisdiction New York ⓘ
legalForm LLC ⓘ
location New York City ⓘ
namedAfter Maiden Lane ⓘ
operator Federal Reserve Bank of New York ⓘ
ownedBy Federal Reserve Bank of New York ⓘ
purpose facilitate bailout of Bear Stearns ⓘ
stabilize financial markets during the 2008 financial crisis ⓘ
support orderly resolution of Bear Stearns ⓘ
regulator Board of Governors of the Federal Reserve System ⓘ
regulatoryContext emergency lending under Section 13(3) of the Federal Reserve Act ⓘ
relatedTo 2008 financial crisis ⓘ
Bear Stearns ⓘ
JPMorgan Chase ⓘ
riskManagementGoal limit losses to the Federal Reserve Bank of New York ⓘ
mitigate systemic risk ⓘ
transactionCounterparty JPMorgan Chase ⓘ
transactionRole asset-purchase vehicle for Bear Stearns portfolio ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.