The Federal Deposit Insurance Corp. is reportedly considering offering financing to investors to purchase banks' legacy loans without forcing those investors to share equity stakes with the government. The FDIC's pilot program to buy as much as $1 billion in troubled assets probably will not use Treasury capital, sources said. FDIC officials are trying to boost the attractiveness of the program. "Treasury putting in equity was not an attractive element for investors," said Douglas Elliott, a fellow at Washington's Brookings Institution.
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