Contact Info

t. 216.579.2036

f. 216.579.3050

bill.bednar@clev.frb.org

To arrange an interview with this research analyst, contact our media coordinator at 216.774.2514 or anne.m.diteodoro@clev.frb.org.

William Bednar |

Research Analyst

William Bednar, Research Analyst

William Bednar is a research analyst in the Research Department of the Federal Reserve Bank of Cleveland. His primary interests include financial economics, macroeconomics, and international economics.

Mr. Bednar holds a bachelor’s degree in business economics from the College of Wooster and a master’s degree in economics from Cleveland State University.

  • Fed Publications
  • Other Publications
Title Date Publication Author(s) Type

 

 April, 2012 ; Mahmoud Elamin; Economic Trends
Abstract: Back when the financial crisis was in full swing, a number of simultaneously exploding problems struck at AIG (American International Group). The Fed’s response was swift and varied. One particular response was Maiden Lane II, created to deal with problems in AIG’s securities-lending program. The last securities in Maiden Lane II were sold off at the end of February 2012. Did the American public and New York Fed benefit from the investment?
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Title Date Publication Author(s) Type

 

 February, 2012 ; Mahmoud Elamin; Economic Trends
Abstract: Structured finance has been vilified as the culprit behind the worst recession since the Great Depression. Every aspect of its design has been disparaged: faulty underlying loans, bad incentives for originators, dubious AAA ratings and mispriced risks. Did the Great Recession spell the end of structured finance or is it making a comeback?
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