Hey Can I Play?

Timmy’s plan is a pretty good deal for institutional investors. You basically have the government as your silent partner and your downside is limited. James Kwak at Baseline Scenario thinks the public should be allowed in on the action as well.
Thanks to BlackRock, individuals may have a way to invest:

BlackRock will raise money from investors such as pension funds and endowments for the new Treasury programs, Fink said. The company might consider creating mutual funds so that individual investors can also participate.

Posted by on March 23rd, 2009 at 1:56 pm


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