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Troubled Assets

Friday Talking Points [96] -- The Impressiveness of Alan Grayson

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

First, let's get rid of the distractions this week. Chicago will not be getting the Olympics in 2016, even after President Obama went over to Copenha...

Toxic Assets: Government's New Programs Aim To Buy Buy Banks' Bad Assets, Help Home Buyers

Washington Post | Renae Merle and David Cho | Posted 05.25.2011 | Business

The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...

Fund Will Let Public Buy Troubled Assets

nytimes.com | MICHAEL J. De La MERCED | Posted 05.25.2011 | Business

Here is the latest pitch from Wall Street: those troubled assets at the banks could turn out to be gold for you. That is the line from BlackRock, t...

Make the Banks Pay the Government Back or Foreclose on Them

Stephen Kaus | Posted 05.25.2011 | Business
Stephen Kaus

If the problem, as "Hank" Paulson repeated Sunday, is that there was no way to value the "troubled" assets, the price is obviously going to be arbitrary. So, why don't we consider it a loan?