Historic deal to remove toxic mortgage assets close to approval in the US

Daily news headlines

WASHINGTON, DC – In a meeting held overnight on September 18, Federal Reserve chairman Ben Bernanke, SEC chairman Chris Cox and Treasury Secretary Henry Paulson spoke at length with Congressional leaders to hammer out a comprehensive approach to relieving the stress on financial institutions and markets.

Tired of acting on a case-by-case basis discussing the fate of individual institutions, the big three intend to tackle the problem head on by removing the illiquid mortgage assets that are choki

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: