The Federal Reserve Bank of New York lifted a veil of secrecy on the troubled mortgage assets it bought as part of the 2008 rescues of Bear Stearns and AIG.

The disclosures listed scores of subprime residential mortgage securities and pieces of commercial loans made to dozens of properties across the country, such as the Crossroads Mall in Oklahoma City—featuring the city's only indoor full-size carousel—and the Hilton Garden Inn in Panama City, Fla.

The data show the government is now in the same situation as many US banks: dealing with a portfolio of loans and property that have lost their value, and which borrowers are struggling to pay off.

Wall Street Journal