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Credit Crisis

TARP Version 1 Revisited: Mark-to-Market Back in the Crosshairs

“Senior Wall Street executives said yesterday that they had been sounded out on plans for an “aggregator bank” that would purchase toxic assets from banks. Under one of the plans discussed, toxic assets would be valued by an independent third party. Where assets are purchased at prices...

Posted to Musing on the Markets by Vinny Catalano, CFA on 01-28-2009
Filed under: Filed under: Credit Crisis, deleveraging, Financial Innovation

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