Sentences with phrase «other toxic assets»

Not exact matches

March 23: U.S. Treasury Secretary Timothy Geithner unveils plans to buy as much as US$ 2 trillion in unwanted mortgages and other «toxic assets» from banks.

The 2008 financial crisis, on the other hand, was triggered in part by subprime mortgages — essentially, loans given to homeowners unlikely to be able to pay them back — and investment vehicles based on them in which these toxic assets were bundled and often hidden.

Others preferred to hold onto their toxic assets.

I would add in other asset classes as well: credit default, emerging markets, junk bonds, low - quality stocks, the toxic waste of Asset - and Mortgage - backed securities, and private eqasset classes as well: credit default, emerging markets, junk bonds, low - quality stocks, the toxic waste of Asset - and Mortgage - backed securities, and private eqAsset - and Mortgage - backed securities, and private equity.

The problem in money markets would be greatly eased if US banks sold their non government bonds for US Treasuries as Treasuries are zero weighted and other bonds are not (this includes good assets, not just the toxic stuff).

By dramatically inflating the nominal prices of various «assets», including those that are now called «toxic assets», many of which were substantially created out of thin air, such as various derivatives, the banks, various financial institutions, and other holders of these assets, have essentially laid claims to a much larger proportion of the existing real wealth.

Banks benefit from others investing in notes as well because they are able to remove assets that are considered «toxic» from their books.

In total, the TARP expenditures (between banks, other institutions and toxic asset purchases) were just over $ 600B.