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www.ONN.tv's "Yield Curve Update" Finds the Paulson TARP Plan Can't Reverse the Credit Crisis
CHICAGO-(Business Wire)-October 3, 2008 - Kevin Cook, host of six programs on www.ONN.tv’s Mark2Market channel, joined Joe Troccolo, former Head of Financial Markets Education for UBS Investment Bank, for the pair’s latest look at the credit crisis in this morning’s “Yield Curve Update†report.
Troccolo explains why the Paulson TARP plan will likely not put a floor underneath mortgage-backed assets, saying they are far too complex for anyone to know how to value them and they are “as unique as snowflakes.â€
The complete report can be found on the Mark2Market channel, under the “FX Overnight†tab at www.ONN.tv (http://www.onn.tv), or directly through this link (http://link.brightcove.com/services/link/bcpid1697139148/bclid1833873 957/bctid1834373445). (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
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