Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Table: Salvaging the Banks


-- The government puts $100 billion into the Resolution & Collection Corp., by selling bonds to the public and the Bank of Japan

-- RCC buys banks' weak or bad loans

-- RCC forecloses on the weakest borrowers and sells collateral at market prices. It restructures better borrowers

-- Proceeds go to the government and to retire the RCC bonds

Data: BusinessWeek


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus