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Home » Store » News » Administration’s PIPP: First Step to Recovery?

Administration’s PIPP: First Step to Recovery?

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The Obama administration’s Public Private Investment Program may provide the spark for recovery in the U.S. financial markets, with its securities component having a much greater likelihood of working than the loan component, according to Wall Street analysts. Announced by Treasury Secretary Timothy Geithner March 23, the PIPP is designed to remove toxic real estate-related loans...
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