What is a toxic asset

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what is a toxic asset

The Geithner plan has now been leaked in detail. It's exactly the plan that was widely analyzed -- and found wanting -- a couple of weeks ago.
WASHINGTON - Treasury Secretary Timothy Geithner could announce as soon as Monday his much-anticipated plan to get toxic assets off the books of the country's struggling banks
Toxic assets are things that may not be worth what the price tag mentions. When a value is put on toxic assets it means putting a value on something that no one wants to buy.
Toxic Assets -- The Game of Financial Disaster! Run Your Own Bank Until You Get Nationalized.
Toxic Assets: The Diagnosis Comes Too Late for Foreclosed Homeowners Posted by Alice Chasan on September 22, 2008. From AFP today: The 700-billion dollar Wall Street bailout plan
If you’ve been following the problems encountered by the banks, you’ve probably come across the phrase “toxic assets.” They’ve poisoned banks’ balance sheets and
How badly do Wall Street firms want to get those radioactive mortgage-related assets off their balances sheets? Pretty badly, considering that they continue to lend potential
Marketplace Senior Editor Paddy Hirsch explains Fed Chairman Ben Bernanke's latest plan to get the economy moving â€" and the risk involved
Toxic assets are non-performing assets that are not only not paying interest but depreciating (losing principal) rapidly, with no likelihood of stabilizing
Investors should not read too much into the Dow's nearly 400-point drop Tuesday. What they should concentrate on, in the view of a pair of economists, is the mechanism the U.S

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