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Buying Toxic Assets

The government is developing a plan to remove toxic assets from banks by creating investment partnerships with private investors. Here's how the plan could work:

SOURCE: | By Brenna Maloney and Laura Stanton - The Washington Post - March 10, 2009

This Story Detox for Troubled Assets Article \| The government's plan to strip banks of troubled assets could force some firms to record large losses, but the painful purge would help restore confidence in the banking system, according to Sheila C. Bair, chairman of the Federal Deposit Insurance Corp. Auto Task Force Takes Detroit Road Trip U.S. to Toughen Its Stance On Trade Romer: Too Soon for More Stimulus Buying Toxic Assets		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: \| By Brenna Maloney and Laura Stanton - The Washington Post - March 10, 2009 ¬es=The government is developing a plan to remove toxic assets from banks by creating investment partnerships with private investors. Here's how the plan could work:" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: \| By Brenna Maloney, Laura Stanton - The Washington Post - March 10, 2009 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic		More on washingtonpost.com • More Business News » washingtonpost.com
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