RTC Archive

Re: Comments on Thoughts on Treasury plan

[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. >    ...Read More

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 ...Read More