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Real Estate & Property Law

: Housing Wire

Regulators Brace for TARP Exodus as Banks Snub PPIP

By DIANA GOLOBAY

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[Update 1 adds details regarding BofA and Morgan Stanley.] Hours before US Treasury Department secretary Timothy Geithner warned today that toxic asset-purchasing plans are beginning to look less appealing to banks, the Federal Reserve outlined criteria it will use to evaluate applications by the 19 largest banks to redeem US Treasury capital. While on a trip in [...]

Full post as published by Housing Wire on June 02, 2009 (boomark / email).

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