Relevant:
- U.S. public pension funds mull toxic bank assets
- Toxic Assets Were Hidden Assets
- Recovery threatened by toxic assets still hidden in key banks
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- Fannie, Freddie to Buy $40 Billion a Month of Troubled Assets
2009-02-02 — alleyinsider.com
"When the government proposes to insure troubled mortgage related assets on the balance sheets of banks, it will almost surely downplay the eventual payments and overplay the value of premiums the bank will pay."
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