Hedge funds, including Paulson & Company and DoubleLine Capital, along with PIMCO are planning to place bids for a bond portfolio held by the Federal Reserve, CNBC reports. AIG has offered $15.7 billion for the portfolio. The Fed appointed BlackRock to help sell off portions of the $30 billion Maiden Lane II portfolio made up of bonds and derivatives acquired when the government bailed out AIG. Barclays and Credit Suisse are considered potential buyers, while Morgan Stanley and Goldman Sachs are also in discussions to buy the portfolio.

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