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Real Estate & Property Law

: Housing Wire

A PPIP of a Plan or Just a Big Light Show?

By LINDA LOWELL

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A tremendous amount of blather and megabytes were expended on the newly-minted public-private investment plan (PPIP) over the last week (see details of the plan here), but none of it grasped that banks can?t really sell a lot of ?legacy? assets to public-private partnerships. And if they can?t, the plan won?t do much to ?unclog [...]

Full post as published by Housing Wire on March 30, 2009 (boomark / email).

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