Saturday, March 21, 2009

Big Investor Subsidies in New Toxic Asset Plan

Goal is to leverage dwindling resources of bailout program with private investors. Treasury plans to buy as much as $1 trillion in mortgages and related assets. WSJ Pictured: Treasury's Geithner criticized when he outlined a rescue plan with no details. HatTip PE Wire link to details and basic fact sheet of how public-private partnership would work

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