Much Uncertainty Remains as Treasury Ramps Up TARP; GSE and FHLBanks May Participate
October 10, 2008
The Treasury Department this week hurriedly moved to get its $700 billion Troubled Asset Relief Program up and running, but a lot of uncertainty remains for potential market participants, and their involvement may lag for a time until some answers emerge. Some observers think participation in the program may be limited to the potential sellers that are in the most precarious condition...