U.S. Banks: TARP Testimony: Start/Sputter Bank Restructuring Process? - Sector Article - 2008/09/23 - CreditSights

Report title: U.S. Banks: TARP Testimony: Start/Sputter Bank Restructuring Process?

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1730 word report published Sep 23, 2008

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Abstract: Secretary Paulson and Fed Chairman Bernanke make their case for RTC-like TARP. Could delay or facilitate troubled bank restructurings like WaMu and Wachovia.

Brief Excerpt: U.S. Banks: TARP Testimony: Start/Sputter Bank Restructuring Process? Review TARP hearingsáand presentations by Sec.áPaulson and Chm. Bernanke Treasury/Fed looking for broad authority to buy troubled assets, but remain somewhat unclear...

Report Type: Sector Article
Source: CreditSights Inc
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