Latest Public-Private Investment Program for Legacy Assets Stories
WASHINGTON, July 26 /PRNewswire/ -- Well-respected Los Angeles developer Sonny Astani unleashes a hard-hitting ad campaign this week.
The $700 billion Troubled Asset Relief Program assembled in Washington a year ago is going to finally focus on toxic assets, administration officials said.
NORWALK, Conn., Sept.
While the U.S.
The U.S. Treasury and Federal Reserve announced Monday they would extend a consumer lending program for six months. The Term Asset-Backed Securities Loan Facility was set up to purchase securities backed by consumer automobile and credit card loans.
The U.S. Treasury kicked off the Public-Private Investment Program Wednesday, naming nine companies to serve as asset managers. The nine companies have 12 weeks to raise $500 million from private investors in anticipation of an auction of troubled bank assets.
DALLAS, April 14 /PRNewswire/ -- In an exclusive article in the April issue of DS News, the only news source dedicated entirely to the residential mortgage default servicing industry, Adam Weinstein, a former editor of the Wall Street Journal, poses the question: did the Troubled Asset Relief Program (TARP) trickle away needed funds, making matters worse? According to a bipartisan Congressional Oversight Panel, the Treasury paid more for the assets it purchased under TARP than their market...
The U.S. Treasury unveiled its plan to free banks from frozen assets Monday, using a partnership with the private sector to give more clout to taxpayer dollars. In a White House briefing, U.S.
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