So the US Treasury is going to run a hedge fund. Does that mean we only have to pay 15% in income

[sinkingfeeling]

taxes now?
Here's some early Q & A's on the 'giveaway of the millenium'!


http://www.msnbc.msn.com/id/26888415/

The government’s going to run a hedge fund?!? They can’t even balance the budget! Who’s going to manage this thing?
That’s still unclear. Early on, some members of Congress wanted to set up a separate entity —like the Resolution Trust Corp. that cleaned up the savings and loan mess in the 1980s. But that plan was abandoned as the market meltdown deepened because it would take too long to set up a new agency.

The Treasury will likely manage the overall buying and selling of bad debts.

[aquart]

1. Would you buy a bad debt from this Treasury?

[Supersedeas]

2. we ought to have some equity in the companies that we have tax payers have invested in

[sinkingfeeling]

3. We're going to get equity in the form of 'toxic' instruments of debt.