Tag: PPIF
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Finally It’s Official
Few weeks back I talked about The Geithner Put and raised my concerns about the plan. So finally, it’s official now that The U.S. Treasury’s plan to purge toxic assets from banks’ balance sheets is vulnerable to fraud and abuse and needs tough rules against conflict of interest, the government’s bailout watchdog said on Tuesday.…
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The Geithner Put – The Public Private Investors Partnership Fund
The Geithner Put – PPIP Plan I have been thinking about this for a while on how best to simplify and John Hussman did an excellent write-up to explain his thoughts, similar to mine, about this whole PPIF program. So without any modifications, let me share what what he thinks- Last week saw a continuation…