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accruedint.blogspot.com - 4/1/2009
PPIP: Maybe you'd like it back in your cell?
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The big question surrounding the toxic asset plan is will banks sell ? I've put a little pencil to paper here and come up with some actual numbers. First of all, I expect the Legacy Securities Program will work wonderfully. Sellers will flock to it like Jawas to a stray astromech droid. This ...
calculatedriskblog.com - 4/7/2009
The PPIP and the FDIC
— calculatedriskblog.com — Why are the PPIP loans coming from the FDIC? Apparently to avoid asking Congress for additional funds... ... Andrew Sorkin writes in the NY Times: ‘No-Risk’ Insurance at F.D.I.C. [The F.D.I.C. is] going to be insuring 85 percent of the debt, provided by ... (more) The PPIP and the FDIC

Comments vote down self-evident found this 4/7/2009found this
As Banks Flounder, the Perks Play On
dealbook.blogs.nytimes.com - 3/27/2009
As Banks Flounder, the Perks Play On
— dealbook.blogs.nytimes.com — Despite the current problems of Bank of America and Wachovia and the passage of nearly a decade,... the two men who built the Charlotte-based firms continue to collect a paycheck or perks from their former employers. (more) As Banks Flounder, the Perks Play On

Comments vote down footnoted.org found this 3/27/2009found this

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Abnormal Returns:  Wednesday links: appetite for risk

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Blog Reactions

Wednesday links: appetite for risk
Abnormal Returns — ... At foreseeable prices don’t expect banks to sell assets en masse to PPIP participants.  (Accrued Interest) ...

Related: ppip participants
Not Just A Price Floor, Treasury Programs May Be A Stable Foundation For Economic Recovery — Daily Markets
The U.S. Treasury’s much-maligned Term Asset-Backed Securities Loan Facility (TALF) and its new “prequel,” the Public-Private Investment Program (PPIP) have been viewed by the markets and skeptical prospective participants as merely a price discovery mechanism which, with a ...