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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Is Geithner planning on a public-private partnership with the SWFs?

Posted on 11 February 2009

From Firedoglake.com: Public-Private Investment Fund: One aspect of a full arsenal approach is the need to provide greater means for financial institutions to cleanse their balance sheets of what are often referred to as “legacy” assets.

Many proposals designed to achieve this are complicated both by their sole reliance on public purchasing and the difficulties in pricing assets. Working together in partnership with the FDIC and the Federal Reserve, the Treasury Department will initiate a Public-Private Investment Fund that takes a new approach….. Full Article: Source


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