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US Treasury Opens Distressed-Debt Program Without Pimco – Bloomberg


Los Angeles Times


The government's plan is a scaled-down version of a program that was once envisioned to buy as much as $1 trillion in devalued real-estate loans and mortgage-backed assets. Pimco's reversal raises questions about the complexity and potential returns ...
Pimco leaves Wall St. asking why it nixed toxic-asset plan Los Angeles Times
Treasury, firms investing in loans to rescue banks USA Today
Treasury Dials Back Plan to Aid Banks Washington Post
Bloomberg - Los Angeles Times
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