Here is a short piece by way of Smarttrend.
“Invesco (NYSE:IVZ) and billionaire Wilbur Ross are leading a group of investors committing to purchase $1 billion in troubled bank assets through the government’s Public-Private Investment Program. In addition to Invesco and WL Ross (Ross’ investment fund), partners will include the LeFrak Organization, Assured Guaranty Ltd (NYSE:AGO), American Home Mortgage Servicing Inc, Muriel Siebert & Co, Williams Capital Group and Jackson Securities. On Monday Invesco CEO Martin Flanagan said, “The Public-Private Investment Program will help stimulate the mortgage market and provide individual and institutional investors globally with compelling investment opportunities in the legacy securities and legacy loan programs.”
Blog of Intellectual Capital 