BizJournals Portfolio
Mar 23 2009 4:37pm EDT

Bailout Math

Nemo at Self-Evident has a great post on what he's calling the "Geithner Put", explaining how banks could buy assets with a long-term value of 50 cents on the dollar, pay 84 cents on the dollar for them, hold them to maturity, and still make a healthy 16% profit. Which does help explain why Geithner is convinced that the banks will want to sell their toxic assets under this plan.

. □


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow