Florida's Toxic Assets
Published March 24th, 2009
     Chief Financial Officer Alex Sink said Tuesday Florida should examine any assets that could deliver a good return. The Democrat said it would depend on how the buy is structured, but the discounted assets could represent a good opportunity. Sink, a former bank executive, says she's willing to look at anything to improve the state's investment portfolio.
     The Obama administration is trying to stabilize the financial system by taking bad assets off the banks' books, freeing them to
lend money.
- The AP
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