Wednesday, April 18, 2012

Maiden Lane III going to the auction yard April 26th

Blackstone to be the auctioneer, and its by invitation only.

Bidders:

Barclays Capital Inc.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
Merrill Lynch Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC
Nomura Securities International, Inc.  


So, the concerns about this supply burst is going to be a non-event more than likely.

1 comment:

crabsofsteel said...

there's bad news from the April cycle that hasn't yet filtered out. Sell-side models are vastly understating losses (what else would you expect?)