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Troubled assets

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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.
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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.
At the end of last month, the Feds announced a $30 billion bailout of ... by Credit Union Times
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.
Indonesia : Govt struggling to claim former IBRA assets worth Rp 2.14t by TendersInfo
GAO-10-531 June 30, 2010 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.
Troubled Asset Relief Program: Treasury's Framework for Deciding to ... by General Accounting Office Reports & Testimony
 
 
 
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