North America – Treasury to name up to 9 managers for toxic-asset plan, Morgan Stanley may post loss after paying back U.S., Tally hits 52 as regulators close 7 more banks
Treasury to name up to 9 managers for toxic-asset plan
From Reuters.com: The Treasury Department is expected to name as many as nine fund managers to operate the long-awaited Public-Private Investment Program (PPIP) to cleanse banks of toxic assets, a person familiar with the plan said on Wednesday. ... Full article: Source
See this week’s Opalesque Exclusive on PPIP:
New York Roundtable: HF managers are...
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