forum.bulliondirect.com

Unless the “toxic assets” to be bought by Obama’s fund are not marked to market, the whole idea is “circular,” the Stock Research Portal charges. The “likely result”? “Either ‘private investors’ don’t participate – who would want to buy into ‘overpriced assets’ without government guarantees of both return of capital and return on capital? – or the banks end up in the capital positions they would be in but for U.S. government (read ‘taxpayer’) subsidization.”