Banks and TARP, plus FDIC on Toxic Loans

March 28th, 2009 · No Comments

Bill-Coppedge-30sep08 Banks and TARP: felix-salmon   portfolio Should Healthy Banks Give Back Their TARP Funds? by Felix Salmon  - ... Rick Newman, for one, thinks so. But even he is alive to the downside, as explained by Andrew Ross Sorkin: - ... If Goldman succeeds in returning our money, it could put pressure on other banks to give their money back, too, lest they appear weak... ... - Portfolio.com ------------ wsj What's Left of TARP? Treasury Stays Mum - MAYA JACKSON RANDALL and MICHAEL R. CRITTENDEN - ... Based on Dow Jones Newswires' reporting and calculations, it appears that Treasury has, at most, $52.6 billion left in its rescue fund. That would mean about 92% is already committed.  ... - Wall Street Journal ------------ hw1 Housingwire says B of A wants to repay TARP,    yet Moody's downgrades them -  saying they need more gov't money.   Go figure. ===== FDIC: FDIC-smalllogo FDIC Seeks Comment on the Recently Announced Legacy Loans Program - FDIC.gov  ------------ CNNMoney_LOGO2_0 Taxing times for the FDIC - The toxic-asset plan hands new duties to an agency that, thanks to soaring bank failures, already has its hands full.  - By Colin Barr - CNNMoney.com



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