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Bad Bank to Buy Toxic Assets

Geithner's Vague Bad Bank Plan Aggravates Credit Crunch: Analysis

Reuters | Kevin Drawbaugh | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - Global credit markets are unlikely to revive as long as the U.S. government continues to dangle the vague prospect of a toxic a...

FDIC May Run Bad Bank To Buy Toxic Assets

bloomberg.com | Posted 05.25.2011 | Business

The Federal Deposit Insurance Corp. may manage the so-called bad bank that the Obama administration is likely to set up as it tries to break the back ...