Comment: LOL

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"through accounting irregularities" ... "confidence in you soars!"

LOL, that's how it works.

Maiden Lane, LLC -- nice way to keep it all off the book, eh?

Last time I checked, when one company buys out another, or buys its assets, there is no need to create a SPV on the side to keep it off the books. According to SEC, it's supposed to be ON the books -- something that got Enron in trouble.

But FR has magic fairy dust to sprinkle on stuff so the laws don't apply, huh? Magic fairy dust ... bedtime stories ... all makes sense.