I keep hearing “toxic bank assets” in the news, but I can not understand what exactly are the assets actually toxic. Bad mortgage? what?
Card Assets, LLC For those of you hopping on the First Arkansas Banking and Trust bandwagon, as pointed out elsewhere (just not sure exactly where??) on these forums, Card Assets has the same card for a large number…Why did Clinton for the state to enter… "The bailout's biggest bank would be very extensive powers to give the U.S. Treasury buy toxic mortgage debt from financial institutions, including U.S. subsidiaries of foreign banks." "Two important questions remained unanswered even after Treasury…We are thinking of letting the bank… bought our dream home.? My question is can the bank come after our new home and assets here in Missouri. We did not use any equity or assets to secure loan on the new house.…
