mbs pro

Private Investment Capital Needed for Bailout to Achieve Stated Goals

WIth the $250BN preferred stock purphase and the gov't guarantee of senior unsecured debt, the Treasury significantly aletered the Troubled Asset Relief Program (TARP). There should be less distressed sales but we will see. The urgency still exists for some of the smaller players. I agree, private capital is needed at the end of the day.