giovonni
01-18-2009, 09:01 PM
Obama team weighs government bank to ease crisis;
By Tim Ahmann
WASHINGTON (Reuters) - The incoming Obama administration is considering
setting up a government-run bank to acquire bad assets clogging the financial system,
a person familiar with the Obama team's thinking said on Saturday.
The U.S. Federal Reserve, Treasury and Federal Deposit Insurance Corp have been
in talks about ways to ease a banking crisis that is once again deepening --
and a government-run "aggregator bank" is among the options
article here;
http://finance.yahoo.com/news/Obama-team-weighs-government-rb-14091318.html
By Tim Ahmann
WASHINGTON (Reuters) - The incoming Obama administration is considering
setting up a government-run bank to acquire bad assets clogging the financial system,
a person familiar with the Obama team's thinking said on Saturday.
The U.S. Federal Reserve, Treasury and Federal Deposit Insurance Corp have been
in talks about ways to ease a banking crisis that is once again deepening --
and a government-run "aggregator bank" is among the options
article here;
http://finance.yahoo.com/news/Obama-team-weighs-government-rb-14091318.html