09-20-2008, 04:34 PM
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 Re: the government plan - details anyone? "Gil Faver" <rowdy'sboss[at]xxyz.com> wrote in message news:CxWAk.228448$102.30646[at]bgtnsc05-news.ops.worldnet.att.net... - quote - > I haven't seen much in the way of details reported. I guess the
Congress and the White House are working on details as we speak. However, my> fundamental question I have is what price will the US be paying for these > mortgages and CDOs it will be buying? par value? let's hope not. 10 > cents on the dollar? The lower the price, the less cost to the US, as some > of these assets will (or should be) realized. > anyone? understanding is that the government will be buying these bad loans and the assets collateralized. Any realization of these assets will be to the government. Elizabeth Richardson ------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. |
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#-1
09-20-2008, 09:45 AM
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| the government plan - details anyone? I haven't seen much in the way of details reported. I guess the fundamental question I have is what price will the US be paying for these mortgages and CDOs it will be buying? par value? let's hope not. 10 cents on the dollar? The lower the price, the less cost to the US, as some of these assets will (or should be) realized. anyone? ------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. |
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