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Reuters: FDIC says U.S. toxic asset plan means taxpayer profits

Started by chris, March 12, 2009, 12:59:16 AM

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chris

FDIC says U.S. toxic asset plan means taxpayer profits
      
   
      


WASHINGTON (Reuters) - A U.S. government plan for a public-private investment fund to buy distressed assets to help clean up banks' balance sheets is likely to generate a "healthy" profit" for taxpayers and investors, the head of the Federal Deposit Insurance Corp said on Wednesday.<div class="feedflare">
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