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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:


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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.

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