Public Private Investment Program

Taxpayer Investment Watch: AIG, Mortgage Bonds Showing Positive Signs

The Huffington Post | William Alden | Posted 05.25.2011

In two tentative signs of hope that taxpayers will be repaid for the financial sector bailout, AIG used share sales to free up billions, and governmen...

Obama's Public-Private Investment Program Earns HUGE Profits

nytimes.com | Eric Dash | Posted 05.25.2011

American taxpayers are already poised to make unexpected billions from rescuing the nation's banks. Now, they could reap another sizable profit from a...

Jeffrey Gundlach's Porn, Pot Stash Cited In Lawsuit Against Former TCW Manager

Posted 05.25.2011

The Treasury Department reportedly had a hard time finding hedge fund managers to get involved in PPIP, the government initiative intended to help fir...

PPIP: Banks 'Making A Killing' On Government Toxic Asset Program

Posted 05.25.2011

Remember the Public-Private Investment Program (PPIP)? The Treasury Department unveiled the program in March and intended it as a way to help banks un...

Wall Street: Too Big To Regulate

Garrett Johnson | Posted 05.25.2011

Garrett Johnson

How can the Treasury, White House, and Congress be so tone deaf to calls to stop the massive give-away to the same people who got us into this mess?

Texas Company Is First To Buy Toxic Assets Under New FDIC Plan

AP | MARCY GORDON | Posted 05.25.2011

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

Public-Private Partnerships: Creating Infrastructure and the Expertise to Run It

Josh Ruxin | Posted 05.25.2011

Josh Ruxin

In Rwanda, the most effective programs constitute a true partnership between donors with funds, equipment, and skills, and the communities who need them.

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

Jim Randel | Posted 05.25.2011

Jim Randel

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

Treasury Announces List Of PPIP Fund Managers

AP | Martin Crutsinger and Daniel Wagner | Posted 05.25.2011

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

Whistling Past the Economic Graveyard: The Audacity of Misplaced Hope

Arianna Huffington | Posted 05.25.2011

Arianna Huffington

The latest stock market bubble has undermined the urgent push for reform, which seems to have given way in Washington to a push to move on to other things and leave that little financial kerfuffle behind us. It puts a whole other spin on the audacity of hope. READ MORE Mission Shrink: We've Gone From Saving Wall Street in Order to Save Main Street to Just Saving Wall Street The problem continues to be the administration's habit of conflating the health of the Wall Street economy with the health of the real economy -- when, in fact, the two economies have become decoupled. READ MORE WATCH: Arianna Discusses Events in Iran, Obama's Agenda on Larry King Live WATCH: Arianna Discusses America's Response to Iran on The Situation Room

Pumping and Dumping the 401(k) Crowd

Max Keiser | Posted 05.25.2011

Max Keiser

In America, the people are mad as hell and they aren't going to take it anymore. Or that's what you would think if you tuned in to any cable channel spewing the new populism.

Ryan Grim

Treasury Extends Deadline For Geithner Plan Participation

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

The Treasury Department announced Monday that it's extending the deadline for investment firms to apply to participate in the Geithner Plan -- the Pub...

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

Stuart Whatley | Posted 05.25.2011

Stuart Whatley

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

Jason Linkins

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

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

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...

Thomas B. Edsall

"Economists Laid End To End": Judging The Geithner Plan

HuffingtonPost.com | Thomas B. Edsall | Posted 05.25.2011

"If all economists were laid end to end, they would not reach a conclusion" -- George Bernard Shaw Disagreements among the cadre of economists critic...

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

Wall Street Journal | TIMOTHY GEITHNER | Posted 05.25.2011

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

Ryan Grim

Republican Leaders Split On Geithner Plan

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Republican leaders in Congress offered a range of reactions on Monday to Treasury Secretary Tim Geithner's plan to partner with private investors to b...