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Real Estate & Property Law

: Housing Wire

Bridgewater: We Won?t Play in the PPIP

By PAUL JACKSON

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The world’s largest hedge fund manager, Bridgewater Associates, apparently won’t participate in the Treasury’s much-ballyhooed public-private investment program designed to clear “legacy” securities and loans off of troubled banks’ balance sheets. The $71 billion money-management firm reversed course Thursday, after earlier indicating it had planned to participate, according to a report in the New York [...]

Full post as published by Housing Wire on April 03, 2009 (boomark / email).

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