SIFMA Pleased with TARP’s Securitization Focus but Bemoans Downplay of Asset-Purchase Component
November 14, 2008
The Securities Industry and Financial Markets Association said it is disappointed with the Treasury Department’s decision this week to downplay the asset-purchase component of the federal Troubled Asset Relief Program in favor of other capital-building strategies for financial institutions. Treasury’s announcement came after an industry TARP summit in New York earlier in the...