Ryan's District Boards

RD Today => All the News => Business News => Topic started by: chris on March 12, 2009, 12:59:16 AM

Title: Reuters: FDIC says U.S. toxic asset plan means taxpayer profits
Post by: chris on March 12, 2009, 12:59:16 AM
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">
<img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?d=yIl2AUoC8zA" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=mC__kxVw7Ow:ai3KRW48ZuY:yIl2AUoC8zA) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=mC__kxVw7Ow:ai3KRW48ZuY:F7zBnMyn0Lo" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=mC__kxVw7Ow:ai3KRW48ZuY:F7zBnMyn0Lo) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=mC__kxVw7Ow:ai3KRW48ZuY:V_sGLiPBpWU" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=mC__kxVw7Ow:ai3KRW48ZuY:V_sGLiPBpWU)
</div><img src="http://feeds2.feedburner.com/~r/reuters/businessNews/~4/mC__kxVw7Ow" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/mC__kxVw7Ow/idUSTRE52A7PT20090311