|
||
2010-10-20 — forbes.com
``What Paulson and Tepper are likely really interested in is what role with the Fed takes to buy any toxic loans banks like BofA might be forced to ‘put back’ on their books. You see analysts think the government doesn’t want banks to be forced to raise more capital, which could happen if they have to take on billions in garbage mortgage loans. They want the banks to EARN through their problems. As a result they are likely already negotiating in backroom conversations how the Fed will engineer their own buy of whatever troubled 'put back' loans our consumer banks get hit with.''
source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |