Public-Private Partnership Details Released

It’s taken a bit longer than (the markets) expected, but Tim Geithner this morning released details of how the public-private partnership would work. For the uninitiated, this is the program whereby private equity and hedge funds would buy toxic assets from bank balance sheets, in partnership with the U.S. government. You can get all the details here, and below we’ve posted the basic fact sheet. Much more on this later today, after we’ve had a chance to read and digest:

Ppip Fact Sheet