TITLE

I still have doubts about plan put forth by Treasury Department

AUTHOR(S)
Neugebauer, Randy
PUB. DATE
March 2009
SOURCE
Graham Leader;3/25/2009, Vol. 133 Issue 65, p8B
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article presents the author's insight regarding the plan of the U.S. Department of the Treasury to collaborate with the private sector and spend $100 billion of the remaining financial bailout funds to help problem assets of financial institutions in the U.S. The author points out that the Treasury's move to purchase bad assets from banks and other financial institutions indicates too many risks to the taxpayers. He questions about how such assets will be valued and priced in the market.
ACCESSION #
39258306

 

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