Will Obama Administration’s Banking Sector Fix-It Plan Finally Break the Toxic-Asset Logjam?
Mar 24th, 2009 | By Don Miller | Category: Politics & EconomicsWith every proposed financial fix-up plan for the U.S. banking system, there’s always been one major sticking point: The logjam of hard-to-price – and even “toxic” – assets clogging the balance sheets of banks, investment houses or any other type of company with an involvement in the financial-services sector.