New York Fed to Sell More Maiden Lane CDOs
The New York Fed will conduct auctions next week for $7.3 billion of complex debt securities as it continues to unwind a portfolio used to assist the bailout of American International Group in 2008.
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Christie's: Art Market Outshines Gloom
Despite global economic uncertainty, auction house Christie's International says its art business has proved resilient, with a growing population of collectors sustaining demand for top works.
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