Key points for Treasury toxic-asset plan
Ross outlines key points for Treasury toxic-asset plan
Due diligence will be key to the success of the Treasury Department's plan to rid banks of their toxic assets, according to Wilbur Ross, chairman and CEO of WL Ross & Co. "That's essential because these are very complex assets and they'll be bundled together into fairly large pools," Ross said in an interview with CNBC. CNBC
Due diligence will be key to the success of the Treasury Department's plan to rid banks of their toxic assets, according to Wilbur Ross, chairman and CEO of WL Ross & Co. "That's essential because these are very complex assets and they'll be bundled together into fairly large pools," Ross said in an interview with CNBC. CNBC
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posted by Victor Lloyd Smith @ 9:45 AM
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