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Toxic Assets Plan

Banking: Transfer Toxic Assets to a New RTC

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

These banks are not able to resume normal lending operations because they are not willing to dispose of their toxic assets at the current market values.

Jason Linkins

Toxic Assets Explained With Gravy Analogy (VIDEO) | Jason Linkins | Posted 05.25.2011 | Business

Via Consumerist (which, trust me, in these economic times is a site you need to have bookmarked) comes this lovely video from American Public Media's ...

Finding a Home for Toxic Assets: Where is the Final Resting Place?

Sheila Tendy | Posted 05.25.2011 | Business
Sheila Tendy

We've heard the bellows of those you know best, "Sell 'em! Get 'em off the books of the banks! Break the credit freeze!" But where does a toxic asset live once it has been sold?

Bilking The Summers-Geithner Plan: How Wall Street Will Use It For Profit

The Boston Globe | Laurence J. Kotlikoff | Posted 05.25.2011 | Business

IT'S ONE thing for the US Treasury Department to overpay banks for their toxic assets on the prayer that bank shareholders will do something besides p...

Geithner's Plan: Loopholes Galore

BusinessWeek | Theo Francis and Mara Der Hovanesian | Posted 05.25.2011 | Business

It has been a little less than two weeks since Treasury Secretary Timothy F. Geithner unveiled the details of his project to restore banks to financia...

Sam Stein

Bank Rescue 2.0: Treasury Could Dump Toxic Assets Online | Sam Stein | Posted 05.25.2011 | Politics

The Treasury Department is not ruling out (though, not endorsing either) a novel proposal floated in small circles of tech/finance experts: to post Wa...

Geithner Wall Street Journal Piece: My Plan for Bad Bank Assets

Wall Street Journal | TIMOTHY GEITHNER | Posted 05.25.2011 | Business

The American economy and much of the world now face extraordinary challenges, and confronting these challenges will continue to require extraordinary ...

Geithner Banks On Private Cash To Help Remove Toxic Assets

Wall Street Journal | DEBORAH SOLOMON | Posted 05.25.2011 | Business

WASHINGTON -- Treasury Secretary Timothy Geithner said the only way to resolve the financial crisis is to work with the private sector to remove troub...

The Week Ahead: Toxic Assets Plan, Earnings, AIG And Credit Card Abuse Hearings

Huffington Post/Reuters/WSJ/Bloomberg | Marcus Baram | Posted 05.25.2011 | Home

Expect to hear plenty about "toxic assets" in the news this week. On Monday morning at 8:45 a.m., the Treasury Department announces its long-delayed ...