Bought Bids to be leveraged
The plan is straightforward; investors in the private sector will bid in buying stakes in the pools of assets
tied to troubled debts, either in commercial or residential mortgage loans or other securities and their
investments to be matched dollar for dollar by the Treasury. The leveraging will be as much as sixfold
and it will be issued through insured loans by the Federal Reserve or the Federal Deposit Insurance Corp.
However, the dynamics could discourage banks from participating, experts say. The real issue is that banks
disagree as to the real worth of the assets since the worsening economy could put further pressure on
underlying borrowers.
Posted by Shue on April 22nd, 2009 :: Filed under Uncategorized
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June 1st, 2009
We’ve all been there! You have a home remodeling project you need completed, and you meet with various contractors to figure out how much the project will (or more importantly) should cost. But when you receive bids, the numbers are all over the map and the items included are vague at best. That’s where we come in! We sort through the confusion and put everyone on an even playing field, so you can compare your estimates
“Apples-To-Apples.”