The government will use as much as $100 billion from an existing fund set up to rescue the ailing financial sector to provide guarantees and low interest loans to those willing to purchase these assets.
VOA: standard.2009.03.23
Investors have been reluctant to buy up these questionable bank assets because of the high amount of risk involved.
VOA: standard.2009.03.23
He said the Treasury Department now has the authority to block or seize any assets, accounts or securities under U.S.jurisdiction held by these organizations or anyone acting on their behalf.
VOA: standard.2009.04.15
Analysts say by including private investors in the new initiative the government will be able to better evaluate the true value of these troubled assets and investors will have a stake in making a profit.
VOA: standard.2009.03.23
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