With Eric Adams, Shannon Anglin, Terra Atkinson, David Bryant, Sheri Chromow, David Dlugie, Steven Eckhaus, Hays Ellisen, Mark Fisher, Christine Fitzgerald, Ferdinand Gallo, Daniel Huffenus, Andrew Jagoda, Charles Lansden, Timothy Little, Reid Mandel, Jeffrey Patt, Victoria Shusterman, Ann Marie Sink, Andrew Small, Marcia Sullivan, Benzion Westreich, Robert Wild, Frank Zarb
On March 23, the U.S. Treasury (UST), in conjunction with the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, unveiled the Obama administration's plan to purchase troubled or "legacy" assets that are currently clogging the balance sheets of U.S. financial institutions.