Treasury seen launching its long-awaited PPIP toxic asset soak-up scheme this week, and...
Treasury seen launching its long-awaited PPIP toxic asset soak-up scheme this week, and according to a Breaking News headline on WSJ, investors have so far agreed to plow more than $1.13B into the plan. Update: Two funds, Invesco (IVZ) and TCW Group have so far raised enough to enter the program; their $1.13B will give them $4.52B in buying power.
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