toxic assets

IMF Says Toxic Asset Damage Getting Much Worse

247Wallst — Wed, 08 Apr 2009 07:30:32 -0400

Every time the IMF issues an estimate for the cost of the losses from toxic assets at the world’s financial institutions, the numbers get worse. read more »

Geithner's Galling (and Dangerous) Plan For Bad Bank Assets

mish — Mon, 23 Mar 2009 14:20:28 -0400

The long awaited details of Geithner's "plan" for dealing with bad bank assets is finally out. Githener's plan is disingenuous at best. read more »

WaPo on Geithner: Last Minute Course Change for Bank Bailout

Calculated Risk — Tue, 17 Feb 2009 14:20:00 -0500

From Neil Irwin and Binyamin Appelbaum at the WaPo: Late Change in Course Hobbled Rollout of Geithner's Bank Plan Just days before Treasury Secretary Timothy F. read more »

Austria: In the Eye of the Storm

prudent — Thu, 12 Feb 2009 09:23:00 -0500

Austrian banks appear to be the worst hit from the economic fallout in the young EU members east of here. read more »

NY Times Example of a Toxic Asset

Calculated Risk — Mon, 02 Feb 2009 10:46:00 -0500

“To date, the banks have stuck their heads in the sand and demanded that they be paid the price of good apples for bad apples.” Lynn E. read more »