Word: ratedness
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The second part of the program, run by the Federal Reserve, attempts to get at that part of the problem by expanding an existing program. But it covers only some of the toxic securities: residential mortgage-backed securities that were initially AAA-rated but are now toxic. It doesn't...
That leaves the commercial mortgage-backed securities and other asset-backed securities that were once AAA-rated but have since been downgraded. Those toxic assets will be sold, Treasury hopes, by at least five still untested public-private investment funds that will be created through open bidding among investment banks...
All told, the three plans address about $420 billion in toxic loans and assets that the government hopes to get off the balance sheets of banks. Will that be enough to nurse our nation's biggest banks and financial markets back to health? It's not clear. The plan leaves...
That idea is similar to one put forth in a recently published book of economic-policy proposals written by professors at New York University's Stern School of Business. Under their system, a company that wanted to have its debt rated would pay a fee to a government-run centralized...
Lastly, Geithner got to the "Public Private Investment Fund" for the securitized assets now clogging the banks' books. The plan envisions creating five investment funds under five outside asset managers. Those managers will get dollar-for-dollar matching investments from the government to buy what were once triple-A rated...