BUSINESS
03/12/2009 05:12 am ET Updated May 25, 2011

Bank Bailout's Private Money Aid

Wall Street helped produce the global financial and economic crisis. Now, as the Obama administration prepares to unveil a revised bailout plan for the banking system, policy makers hope Wall Street can be part of the solution.

Administration officials said the plan, to be announced Tuesday, was likely to depend in part on the willingness of private investors other than banks -- like hedge funds, private equity funds and perhaps even insurance companies -- to buy the contaminating assets that wiped out the capital of many banks.

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