The Washington Independent

Posts Tagged resolution trust corp

A Reaction to Geithner’s Plan: Forget It, and Bring Back the RTC

By | 03.23.09 | 9:38 am

At Housing Wire, they’re not debating the details of Treasury Secretary Timothy Geithner’s toxic assets plan that is expected to beannounced today. They’re just dismissing the whole thing as a monumental waste of time and wondering about this: Why aren’t we just re-creating a model that already works? More…

Questioning the Bailout of All Bailouts

By | 09.19.08 | 8:38 am

As Charles Morris pointed out on our site Thursday, the markets are giddy over a possible Resolution Trust Corp.-like solution to this week’s big meltdown on Wall Street. The only problem, Morris explained, is that the RTC wasn’t actually a bailout and didn’t buy up bad mortgages from ailing More…