| 01.07.2009 Opalesque Exclusive: New York Roundtable: HF managers are afraid to even touch TALF or PPIP, which seem shrouded in uncertainty |
| By Benedicte Gravrand, Opalesque London: One of U.S. Treasury Secretary Timothy Geithner’s initiative, called the Public-Private Investment Program, or PPIP, has lost momentum, reported the Wall Street Journal on Monday, as big banks are worried about having to sell at fire-sale prices while small banks fear they would be shut out. Potential buyers balk at the risk of doing business w |
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