The so-called "aggregator bank" would be seeded with some money from the $700 billion financial-sector bailout fund, but most of the financing would come from the private sector. Private firms would purchase mortgage-backed securities and other troubled assets and could reap the benefits if those assets eventually rise in value.Bailout Revamp May Use Private Bank for Bad Assets - WSJ.com
Saturday, February 7, 2009
Bailout Revamp May Use Private Bank for Bad Assets - WSJ.com
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