The Wall Street Journal
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Treasury Releases Details of Toxic Asset Plan
Mar 23, 2009As expected, the U.S. Treasury released details Monday morning before market open of the latest approach to clear toxic loans and securities off of bank’s balance sheets. Saying that “the financial system is still working against economic recovery,” the Treasury said it will earmark up to $100 billion in funds from the Troubled Asset Relief Program, hoping to attract capital from private investors in order to generate $500 billion in purchasing power to buy legacy assets.
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U.S. Eyes Huge Citi Stake — Not Nationalization
Feb 23, 2009 -
BofA, Citi Swoon Under Nationalization Concerns
Feb 20, 2009 -
Homeowner Bailout Does Reflect Some Market Realities
Feb 19, 2009 -
Former REO Broker: Let the Foreclosures Roll
Feb 02, 2009 -
Talk of New Bank Bailout Tallies $2 Trillion
Jan 29, 2009 -
Thain Steps Down from BofA
Jan 22, 2009 -
BofA Treasury Aid Totals $25 Billion; More to Come?
Jan 15, 2009 -
J.P. Morgan Profit Falls More than 75 Percent
Jan 15, 2009
