Troubled assets

Troubled assets

In context of the Troubled Asset Relief Program, the term “troubled asset” is defined as:
(A) Mortgages, mortgage backed securities, and instruments derived from these that were originated on or before March 14, 2008, and
(B) Any other financial instrument the purchase of which is necessary to promote financial market stability.
References in periodicals archive ?
PwC also said that European banks would need at least another five years to sell their troubled assets.
NEW YORK: Citigroup posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high.
7), as Aleo Solar's major stakeholder, Robert Bosch, is eager to sell the financially troubled assets.
RBS is to create the internal division to manage PS38billion of troubled assets, avoiding a full split of the company.
Greek banks will have to isolate their troubled assets from the rest to help build the trust of investors and depositors, put an end to doubts and make a fresh start.
is described as voting for the Troubled Assets Relief Program.
Troubled assets reduced by approximately 42% as compared to September 30, 2012, and approximately 61% year to date
The government's hailed TARP program helped Mega Banks and Huge Corporations by buying their Troubled Assets - this innovative program by BMS is designed to help the small to medium sized businesses of all industries by buying their troubled assets and inventories.
Give a little credit to the strategy put forward by the government: keeping interest rates low and giving lenders some flexibility to hold these troubled assets on their books for a while," Dan Fasulo, RCA's managing director, said.
But they said, don't worry about it because it's all backed up--get this one--by $50 billion in troubled assets inherited from failed institutions.
The non-troubled assets were transferred to PT PPA to be sold, and the troubled assets were transferred to a special settlement team under the Finance Ministry.
The Department of the Treasury's (Treasury) authority to purchase, commit to purchase, or commit to guarantee troubled assets was set to expire on December 31, 2009.