How can individual investors get into Geithners banking plan?
From what I’ve read about these non-recourse loans, all I have to put up is 15 percent of the price. That’s the most I can lose. Plus possibly get another subsidy from Treasury toward the 15 percent. How can individual investors get into this sweet deal? A: “Two of the country’s biggest money managers — Newport Beach-based Pacific Investment Management Co., known as Pimco, and New York-based BlackRock Inc. — say they may launch funds that would allow individuals to have a stake in some of the bad assets to be purchased from banks.
