RTC Archive
Re: Comments on Thoughts on Treasury plan
Commodities, Email, Inflation, Oil
Sep 19, 2008
[Skip to the end] (an interoffice email exchange) > > On Fri, Sep 19, 2008 at 9:50 AM, David wrote: > So creating liquidity for toxic assets RTC style. > maybe, jury is still out on how that might work > > Make the government a little money and inspire confidence in banks, ok. >
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Bloomberg: Thoughts on Treasury plan
[Skip to the end] My take is an RTC type solution only works when the government owns the institutions, so this will probably be different. I suspect it will be more like Japan, where the government bought a new class of preferred stock in the banks to add capital. Whatever they will
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