Tuesday, March 24, 2009

Public Private Invesment Program

Details on Public Private Partnership Investment Program -Legacy Loan program capital: US gov and private financing: FDIC garantee debt and leverage up to 6:1 (private buyers will issue debt garanteed by FDICs) (whole loans) -Legacy Securities program capital:private and USG capital and potential USG leverage 1:1:1 financing: builds on existing TALF framework (ABS) http://www.ustreas.gov/press/releases/tg65.htm http://www.treas.gov/press/releases/reports/ppip_fact_sheet.pdf (with samples)

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