Articles About State Street Global Advisors
- Author:
- James I. Clark III
- Posted:
- 04.18.2011
Want to Buy a Toxic Asset? The Treasury Department Is Selling Them
The Treasury Department is planning to sell $142 billion worth of toxic assets that it acquired during the financial crisis. According to Treasury, it wants to sell approximately $10 million worth of assets every month, depending on market conditions and hopes to end the program next year. Treasury acquired the securities — primarily 30-year, fixed-rate […]