When an investor group takes advantage of the new plan, doesn’t that set a market price for assets of the type they buy?
If that sets a market price, doesn’t that mean that all the banks have to mark their own assets of that type to that price?
And doesn’t that mean that many of them might find out they are insolvent?
And, since they are all banks for, doesn’t this force the hand of the FDIC?
Since the plan is designed to create a market, does the plan have something in it to prevent mark-to-market?