US should create another RTC to unclog markets
The US government has been urged to create a ‘bad bank’ entity, such as the Resolution Trust Corporation of the 1990s, to force banks to offload toxic real estate-related assets and free up markets.
The US government has been urged to create a ‘bad bank’ entity, such as the Resolution Trust Corporation of the 1990s, to force banks to offload toxic real estate-related assets and free up markets.
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