Visit Your Local PBS Station PBS Home PBS Home Programs A-Z TV Schedules Watch Video Support PBS Shop PBS Search PBS

   
the Online NewsHour
E-mail This Page Print This Page
the Online NewsHourChevronIntelBNSF RailwayWells FargoToyotaMonsantoCorporation for Public Broadcasting
BROWSE BY
REGION
TOPIC
RECENT PROGRAMSLOCAL TV LISTINGSSUBSCRIPTIONSTEACHER RESOURCESSEARCH


REGION: North America
TOPIC: Business & Economy
Online NewsHour
The Business Desk with Paul Solman

« Previous Entry | Main | Next Entry »

If a Bank Has Toxic Assets, Can Another Division of That Bank Invest in the Toxic Asset Program?

Name: Chris
City & State: Seattle, Wash.

ATM keys; catatronic via Flickr

Question: Is it possible for a division of the bank holding toxic assets to participate in the [toxic asset] program?

Paul Solman: Supposedly not, but there's lots of buzz about how banks might in practice get around the obstacle the government is setting up. Via swaps, for instance. (The methodology is a bit too complicated for this page.)

For more on the toxic asset program, see my explainer or this post on whether individual investors can participate.

-- Posted April 1, 2009 | Comments (0) | Permalink

TrackBacks

Listed below are links to blogs that reference this entry: If a Bank Has Toxic Assets, Can Another Division of That Bank Invest in the Toxic Asset Program?.

TrackBack URL for this entry: http://www.pbs.org/newshour/mt4/mt-tb.cgi/1182

Leave a comment






 

 

Archive

November 2009
Sun  Mon  Tue  Wed  Thu  Fri  Sat
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          
 

 
» See All Entries

Paul Solman on Twitter

NewsHour economic coverage is funded by a grant from: The Alfred P. Sloan Foundation
ABOUT US | FEEDBACK | SUBSCRIPTIONS / FEEDS: 
POD|RSS
Funded, in part, by:ChevronIntelBNSF RailwayWells FargoToyotaMonsantoCorporation for Public Broadcasting
            Support the kind of journalism done by the NewsHour...Become a member of your local PBS station.
PBS Online Privacy Policy

Copyright ©1996- MacNeil/Lehrer Productions. All Rights Reserved.