TOXIC ASSET INVESTMENT FUND NEWS

News concerning the Toxic Asset Investment Fund and the Public-Private Investment Program (PPIP)

Entries for January, 2010

Crunch talks with banks and EU delay Nama (Sunday Business Post)

The National Asset Management Agency (Nama) is facing further delays in buying its first toxic loans from banks and will not start its operations early next month as planned.

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Crunch talks with banks and EU delay Nama (Sunday Business Post)

The National Asset Management Agency (Nama) is facing further delays in buying its first toxic loans from banks and will not start its operations early next month as planned.

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TARP Inspector General Investigating ‘Suspect Trades’ by TARP Investment Management Firm (Fox News)

A new report to Congress shows an investigation has been launched into a series of unusual trades

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UPDATE: Treasury Says PPIP Funds Hold $3.4 Billion In Mortgage Bonds (Nasdaq)

WASHINGTON -(Dow Jones)- Private sector firms participating in a government program to buy soured real estate assets were holding $3.4 billion in mortgage bonds at the end of 2009, the Treasury Department said.

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UPDATE: Treasury Says PPIP Funds Hold $3.4 Billion In Mortgage Bonds (Nasdaq)

WASHINGTON -(Dow Jones)- Private sector firms participating in a government program to buy soured real estate assets were holding $3.4 billion in mortgage bonds at the end of 2009, the Treasury Department said.

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Treasury Department Releases Initial Quarterly Report for the (United States Department of the Treasury)

To view the report, visit link . WASHINGTON — The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program (”PPIP”). This report includes a summary of PPIP capital activity, portfolio holdings and current pricing, and fund performance.

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Treasury Department Releases Initial Quarterly Report for the (United States Department of the Treasury)

To view the report, visit link . WASHINGTON — The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program (”PPIP”). This report includes a summary of PPIP capital activity, portfolio holdings and current pricing, and fund performance.

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Treasury Department Releases Initial Quarterly Report for the (United States Department of the Treasury)

To view the report, visit link . WASHINGTON — The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program (”PPIP”). This report includes a summary of PPIP capital activity, portfolio holdings and current pricing, and fund performance.

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Treasury Department Releases Initial Quarterly Report for the (United States Department of the Treasury)

To view the report, visit link . WASHINGTON — The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program (”PPIP”). This report includes a summary of PPIP capital activity, portfolio holdings and current pricing, and fund performance.

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Nigeria : CBN, NDIC Okay Bill On Banks’ N1.3 Trillion Toxic Assets (AllAfrica.com)

Abuja — The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) yesterday endorsed a bill seeking to establish the Asset Management Corporation for the purpose of resolving the challenges posed by a portfolio of non-performing loan assets totalling about N1.3trillion in the banking sector.

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