Ppip

FDIC Sells Failed Bank's Toxic Loans To Private Investor

AP | MARCY GORDON | Posted 11.16.2009 | Business

Read More: Public-Private Investment Program, Fdic, Residential Credit Solutions, Federal Deposit Insurance Corp, Ppip, Franklin Bank, Business News

WASHINGTON - The Federal Deposit Insurance Corp. on Wednesday named the first winning bidder under a test of the government's program to back private ...

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The Economy: Cycling Along With the Training Wheels On

Michael de Portu | Posted 09.28.2009 | Business

Read More: Ppip, Paulson, Deflation, Inflation, Bernanke, Toxic Assets, American Manufacturing, Recession, Tarp, Economy, Greenspan, Greenlaw, Hatzius, Business News

Some observers ask whether we are in 1929 or 1932. The good news is that the world is so different today, we are probably in neither. The globe has 6 billion inhabitants with that much more potential for instability.

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PPIP Loophole Could Cost Taxpayers

Los Angeles Times | Ralph Vartabedian | Posted 09.13.2009 | Business

Read More: Toxic Securities Traders, Ppip, Toxic Securities, Loophole in Toxic Securities Program, Business News

Reporting from Washington - A controversial $40-billion government program to buy toxic securities from ailing banks has a flaw that law enforcement a...

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BlackRock Opens Fund To Buy Troubled Assets In PPIP

nytimes.com | MICHAEL J. De La MERCED | Posted 08.27.2009 | Business

Read More: Ppip, Treasury Department, Toxic Assets, Blackrock, Mortgage-Backed Securities, Black Rock Legacy Securities Public-Private Trust, Troubled Assets, Business News

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...

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Public-Private Investment Program: What's the Point?

Jim Randel | Posted 08.27.2009 | Politics

Read More: Public-Private Investment Program, Mortgages, Private Capital, Ppip, Mortgage Crisis, Taxpayer Money, Obama Administration, House Poor, Politics News

PPIP will put decisions about people in mortgage trouble into the hands of private capital with no interest in the public agenda.

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The Bernanke Market: Andy Kessler's WSJ Op-Ed

wsj.com | ANDY KESSLER | Posted 08.15.2009 | Business

Read More: Tarp, The Bernanke Market, Ppip, Andy Kessler, Wsj, Ben Bernanke, Wall Street Journal, Federal Reserve, Business News

Just about every policy move to right the U.S. economy after the subprime sinking of the banking system has been a bust. We saved Bear Stearns. We let...

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Treasury Announces List Of PPIP Fund Managers

AP | Martin Crutsinger and Daniel Wagner | Posted 08.08.2009 | Business

Read More: Ppip, Public-Private Investment Program, Treasury Department, Rialto Capital Management, Tim Geithner, Alliancebernstein, Treasury Secretary, Business News

WASHINGTON (AP) -- The Treasury Department on Wednesday selected nine large investment managers to operate funds for a long-awaited program to buy tox...

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The FDIC To Start Dumping Toxic Assets, Banks Could Feel The Pain

HuffingtonPost.com | Julie Satow | Posted 07.12.2009 | Business

Read More: Toxic Assets, Geithner, Fdic, Sheila Bair, Bank Bailouts, Tim Geithner, Ppip, Business News

Contrary to popular belief, the Public-Private Investment Program, a centerpiece of the government's strategy to rescue the nation's banks, is not dea...

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Banks Lobby To Be Both Buyers and Sellers In Troubled Asset Program

wsj.com | DAVID ENRICH, LIZ RAPPAPORT and JENNY STRASBURG | Posted 06.27.2009 | Business

Read More: Investment Banks, Goldman Sachs, Fdic, Bank Lobby, Private Public Investment Program, Wells Fargo, Ppip, Banking Regulation, Bank of America, Banking Crisis, Citigroup, American Bankers Association, Business News

Some banks are prodding the government to let them use public money to help buy troubled assets from the banks themselves. Banking trade groups are...

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It's a Lot of Money

Amy Domini | Posted 06.20.2009 | Business

Read More: Tarp, Politics, Talf, Socially Responsible Funds, Stock Market, Ethical-Investing, Ppip, Business News

Government continues to be surprisingly effective in fighting the economic battle, in creatively looking at ways to tax, to incentivize good behavior, and in raising America's reputation abroad.

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Grand Theft Automaker

Stuart Whatley | Posted 05.31.2009 | Business

Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.

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CNN Parrots Dubious Wall Street Talking Points On "Mark-To-Market"

HuffingtonPost.com | Jason Linkins | Posted 05.04.2009 | Media

Read More: Mark to Market Accounting Bank Bailout Plan, Finance, Economic Crisis, Ppip, Mark to Market, Public-Private Investment Program, Media Criticism, Politics News, Video, Cnn, Toxic Assets, Mark to Market Accounting, Tim Geithner, Suspending Mark to Market, Timothy Geithner, Public/Private Partnerships, Financial Crisis, Mark to Market Suspended, Media News

Do you ever get the feeling that as your media professionals "explain" why the "financial system" seems to be "crapping its pants in public" that thei...

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It's Like Trusting A Drug Addict To Arrange His Own Intervention

Stuart Whatley | Posted 05.04.2009 | Politics

Read More: Public-Private Investment Program, Mark to Market Suspended, Finance, Tim Geithner, Mark to Market, Ppip, Economic Crisis, Public/Private Partnerships, Toxic Assets, Financial Crisis, Timothy Geithner, Suspending Mark to Market, Mark to Market Accounting, Mark to Market Accounting Bank Bailout Plan, Politics News

As long as banks are allowed to continue denying the true toxicity of their toxic assets, the longer the current financial impasse will continue.

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