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troubled assetsAccording to 31 CFR 31.201 [Title 31 -- Money And Finance: Treasury; Subtitle A -- Office Of The Secretary Of The Treasury; Part 31 -- Troubled Asset Relief Program; Subpart B -- Conflicts Of Interest [..]
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troubled assetsUnder the Emergency Economic Stabilization Act, Congress authorized the Treasury to use up to $700 billion to purchase “trouble assets,” that is residential or commercial mortgages and any securities, obligations or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 20 [..]
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