Right now, with President Barack Obama expected to single-handedly fix the economy, there are a number of ideas floating around with regard to possibilities. Stock Market Funding reports on two of these plans:
One plan would create a government bank that would buy up bad assets. Another would standardize efforts to have the government guarantee banks' assets against further losses.
Associated with the idea of buying up bad assets is the formation of a government-run national "bad bank" that would house them. Many policymakers believe that banks need these toxic assets off their balance sheets in order to truly get an economic recovery moving forward.
So, when are they going to move my bad assets off my balance sheet?
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