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Banks looking to shed bad assets and investors interested in buying them will gain additional details on the Public-Private Investment Program.
How can you judge a bank's health—and make policy choices based on that judgment—when you don't know what market forces are driving its value? Wharton professors Itay Goldstein and Philip Bond think that's exactly the mistake that government regulators are making and they propose corrective measures.
The federal government is considering new compensation rules and best-practice guidelines for the banking industry.
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