Updated over 16 years ago on . Most recent reply

Please give me 8 minutes to explain the $1.1 trillion federal government Public-Private Investment Program (PPIP)
http://www.cumber.com/commentary.aspx?file=032909.asp&n=l_mc
The way I see it this program has a far better chance of being good for the banks as well as the investors who leveraged these assets than for the people who will ultimately foot the bill.
Not the best plan, Lee