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treasury presses with plan for toxic assets, page-3

  1. plough
    35,555 Posts.
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    22/03/09
    16:32
    Post #: 4931258
    wouldnt it be better to just have the Treasury act as a guarantor for many of these reits where the earnings are greater than interest repayments (ICRs greater tan 1) but the companies are facing negative equity because of mark to market right down in assets (high to negative LVRs)?
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