Thanks for elaborating. I was able to listen to most of the hearing today via webcast. I am not very familiar with asset management, and I was curious about reverse auctions. Do you think they would be a good way to produce relevant asset prices?
Maureen, from you experience in asset management, what would your perspective be in valuing and dealing with the assets in question concerning the bailout? They are described as "too intertwined and complex that no one is willing to buy them."
Comment Wall (2 comments)
You need to be a member of Bank Innovation to add comments!
Join Bank Innovation