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For German Aid, How Bad Is Bad?
- Source :
-
Wall Street Journal - Eastern Edition . 4/20/2009, Vol. 253 Issue 91, pC2. 0p. 1 Black and White Photograph. - Publication Year :
- 2009
-
Abstract
- The article focuses on the details being work out by German government on a plan to pool toxic assets into multiple bad banks. The preferred strategy German Finance Minister Peer Steinbrück's would see the government taking over illiquid assets and the banks slowly shouldering the bulk of risks from those that are toxic.
- Subjects :
- *ASSETS (Accounting)
*BANKING industry
*CABINET officers
*FINANCE
*ILLIQUID assets
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 253
- Issue :
- 91
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 39559161