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.
Immediately related elementsHow this works
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The Global Financial Crisis »The Global Financial Crisis
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to alleviate the immediate symptoms? »Measures to alleviate the immediate symptoms?
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Captial Injection in return for stock »Captial Injection in return for stock
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Capital injection in return for stock fairer for taxpayers »Capital injection in return for stock fairer for taxpayers
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Taxpayer would own preferred stock
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