Toxic Asset End-Run: Why not sell to PPIP?
By: Myles, July 16th, 2009
We have reported here before on the PPIP (Public Private Investment Program), back in April 2009 (just three short months ago).
Previously we discussed how the PPIP — yet another Obama administration and Treasury Department alphabet soup solution — can not, and will not, work when you look at it through the lens of Game Theory.
Sure enough, […]
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