Random Feed wrote an interesting post today on
Here’s a quick excerpt
Treasury finally “unveiled” details of the much-anticipated, much-delayed and now scaled-down version of its toxic or “legacy” assets purchase program, which was announced earlier as a part of the Financial Stability Plan in February. The Public-Private Investment Program, or PPIP, will leverage private capital with government subsidies, so that the chosen investment firms can buy up the legacy assets, which have been clogging the balance sheets of the banks, making them reluctant to lend. T

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