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Treasury and FDIC launch Public Private Partnership Investment Program to deal with bank legacy assets
- Alston & Bird LLP
- -
- USA
- -
- March 24 2009
Yesterday, the U.S. Treasury and FDIC jointly launched the Public Private Investment Program, designed to “facilitate price discovery” and “draw new private capital into the market” in an effort to “improve the health of financial institutions” currently burdened by legacy loans and securities
