Tag Archives: bank balance


Obama Seeks Investors in Plan to Buy Illiquid Assets

March 23, 2009 : Permalink

Bloomberg – The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled assets clogging banks’ balance sheets. Treasury Secretary […]

Latest economic recovery plan hits $1 trillion

March 23, 2009 : Permalink

10 News – Investors will be listening closely to details of the $1 trillion toxic asset-purchase program to be announced Monday as the Obama administration seeks to provide enough information to satisfy markets and avoid the kind of stock meltdown […]

Geithner Bad Bank Alternative May Rely on Loans to Hedge Funds

February 23, 2009 : Permalink

Bloomberg – Treasury Secretary Timothy Geithner’s financial-rescue plan may be doomed if he doesn’t offer low-cost loans to hedge funds and other investors to help them buy toxic assets weighing down bank balance sheets. Creating a “bad bank” or “aggregator […]