Government Bailout Pays Off, Toxic Securities Investors Profit in Treasury Program
January 28, 2011
The Treasury’s investment in toxic non-agency MBS and commercial MBS has grown 27 percent since it was created in 2009, according to a report released on Monday. The Legacy Securities Public-Private Investment Program was unveiled in March 2009 by the Treasury, the Federal Reserve and the Federal Deposit Insurance Corp, and aimed...