http://www.fairloanrate.com/2009/07/03/treasurys-distressed-debt-plan-said-to-begin-with-20-billion/ Student Loan, College Loan, Auto Loan, Credit Card, Mortgage, Personal Finanace Wed, 08 Feb 2012 15:15:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.fairloanrate.com/2009/07/03/treasurys-distressed-debt-plan-said-to-begin-with-20-billion/comment-page-1/#comment-1238 Treasury’s Distressed Debt Plan Said to Begin With $20 Billion Fri, 03 Jul 2009 23:17:16 +0000 http://www.fairloanrate.com/?p=1471#comment-1238 [...] News Sources wrote an interesting post today onHere’s a quick excerptThe US Treasury Department may initiate its program in order to encourage purchases of mortgage-backed securities from banks with about $20 billion in public and private money. This has been down as much as $100 billion from what it was announced in March, it was said by two people who were familiar with the matter. The treasury has planned to provide $1.1 billion in capital to eight to 10 money managers which it will pick for the Public-Private Investment Program, according to the people, [...] [...] News Sources wrote an interesting post today onHere’s a quick excerptThe US Treasury Department may initiate its program in order to encourage purchases of mortgage-backed securities from banks with about $20 billion in public and private money. This has been down as much as $100 billion from what it was announced in March, it was said by two people who were familiar with the matter. The treasury has planned to provide $1.1 billion in capital to eight to 10 money managers which it will pick for the Public-Private Investment Program, according to the people, [...]

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