RTC Archives

A Need for Financial Transparency

Post author:Michael F. Arrigo
Post published:October 21, 2008
Post category:bail out CDOs CMBS derivatives due diligence firms FDIC Federal Reserve MBS mortgage backed securities rating agencies RTC TARP Treasury Warren Buffett
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Summary Even though the U.S. Securities and Exchange Commission (SEC) clearly defined financial transparency as an important component of the foundation of our financial system, it is nearly non-existent in…

U.S. May Consider Setting Up Agency to Buy Bad Debt

Post author:Michael F. Arrigo
Post published:September 16, 2008
Post category:Barney Frank House Financial Services Committee Resolution Trust Corp RTC subprime
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House Financial Services Chairman Barney Frank (D-Mass) Says U.S. May Consider Setting Up Agency to Buy Bad Debt Bloomberg (09/16/08); Rowley, James Some investors, including Bill Gross, co-chief investment officer…

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