There IS market for toxic assets, Banks just want more MONEY - Charlie Rose

tomm2thumbs

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Sat Apr-25-09 04:10 AM
Original message

There IS market for toxic assets, Banks just want more MONEY - Charlie Rose

Edited on Sat Apr-25-09 04:12 AM by tomm2thumbs

Run time: 01:00
https://www.youtube.com/watch?v=pL5Y7KPBg_4

Posted on YouTube: April 25, 2009
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Posted on DU: April 25, 2009
By DU Member: tomm2thumbs
Views on DU: 411

Bill Ackman on Charlie Rose. There is a market for the toxic assets, contrary to what so many critics of mark to market accounting have claimed. Wiki says that Bill Ackman is a major investor in and the founder and CEO of hedge fund Pershing Square Capital Management LP and as of '07 his funds own a 10% stake in Target Corporation, valued at $4.2 billion.

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