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Description: Beset by delays, the government’s program for ridding banks of bad assets is finally poised to take off. But problems still plague the controversial program.

Source: CNNMoney.com

Date: 10/09/2009

Keys: Capital structure policy (p526), stock market (p281)

Link:  http://money.cnn.com/2009/10/09/news/companies/ppip/index.htm?postversion=2009100916

Questions for discussion:

  • Summarize the problems facing the program?
  • What are some possible solutions you can think of that would help?
  • What are the consequences if the program fails?

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