Word: secondmarket
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...plan to work, private investors and the government will have to agree what these loans are worth. "Many of the institutions that bought these deals didn't understand them fully," says Barry Silbert, chief executive of SecondMarket, which helps investors buy and sell hard to trade assets. "It is going to be very hard for the government to come in and try to pack up these opaque assets and ship them off to investors." (See the top 10 financial collapses...
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