FDIC Plans To Sell $36 Bln In Bad Assets

25 Jan 2010

The Federal Deposit Insurance Corp. reportedly is developing a plans to package some $36 billion in banks toxic assets it holds to help jump-start the U.S. securitization market.

The Federal Deposit Insurance Corp. reportedly is developing a plans to package some $36 billion in banks toxic assets it holds to help jump-start the U.S. securitization market. Sources said discussions are in preliminary stages but that a final decision on how to proceed could come in weeks ...

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