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THE FINTAG NEWSLETTER @ 04 February 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip — ... Fintag says The poor ol' SEC. It is the whipping boy and well deserved. So when is Obama going to dismantle it or rename it something like the CDLL (Collect Data and Litigate Later)? DARLING REVIVES OPTION OF 'BAD BANK' financial times ...

The bad bank revival
FT Alphaville — Odd comments this morning from the Chancellor. Way back in January, when banks’ share prices were again spiralling to zero, the government announced plans for its troubled asset insurance scheme - what then seemed like a rather elegant alternative to the clunky bad bank plan. But: It could be that in some cases it could be easier to do a good/bad bank split. First of all, which cases, Mr Darling? The government is currently hammering out the details of the troubled asset insurance programme with RBS - the idea being that whatever solution is deployed there will be an industry ...