Donít Blink, or Youíll Miss Another BailoutBy GRETCHEN MORGENSON
New York Times
Feb. 18, 2013
German Officials Respond to Migrant's Axe Attack by Calling for 'Mandatory Islam Classes'
Newspaper Fashion Writer: Melania's White Dress is "Scary" Racist
French TV: Muslims Are The Real Victims of Nice Attack
Finland: Man Thrown in Prison For Using "Excessive Self-Defense" Against Home Invaders
Obama's Half-Brother: I'm Voting Trump!
Hereís the skinny: Late last Wednesday, the New York Fed said in a court filing that in July it had released Bank of America from all legal claims arising from losses in some mortgage-backed securities the Fed received when the government bailed out the American International Group in 2008. One surprise in the filing, which was part of a case brought by A.I.G., was that the New York Fed let Bank of America off the hook even as A.I.G. was seeking to recover $7 billion in losses on those very mortgage securities.