Taxpayer would own preferred stock
Taxpayer would own preferred stock, means that the taxpayer would be last in line to lose money and therefore would be better protected than as the direct owner of the toxic assets.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
How should the US and other governments respond? »How should the US and other governments respond?
Measures to alleviate the immediate symptoms? »Measures to alleviate the immediate symptoms?
Captial Injection in return for stock »Captial Injection in return for stock
Capital injection in return for stock fairer for taxpayers »Capital injection in return for stock fairer for taxpayers
Taxpayer would own preferred stock
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