Rx For Toxic Assets: Public-Private Investment Funds
By: Myles, March 23rd, 2009
The US Treasury on Monday, March 23, 2009 revealed details of a highly-anticipated plan to set up public-private investment funds that will buy up to $1 trillion in troubled loans and securities at the heart of the financial crisis.
The Treasury’s complex plan to use private funds to purchase toxic assets uses low-cost government financing, government guarantees […]
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