From Scott Ott in the DC Examiner:  Geithner’s ‘Legacy Assets Roadshow’ Comes to PBS

Treasury Secretary Timothy Geithner today announced a public-public partnership with PBS to produce and host a program tentatively dubbed ‘Legacy Assets Roadshow’, with a format reminiscent of the network’s popular ‘Antiques Roadshow.’

Part adventure, part history lesson, and part treasure hunt, the Legacy Assets Roadshow hopes to “tap the viewer’s ongoing curiosity about whether that dusty old thing that looks virtually worthless might turn out to be a precious keepsake worth big bucks.”

Geithner plans to travel to locations around the nation inviting bankers and other financial firm executives to bring in mortgages, mortgaged-backed securities and other items formerly known as “troubled or toxic” but now called “legacy” assets. At the mobile “Roadshow” studio,  Geithner and a panel of leading financial experts will offer their appraisals of the debt instruments.

“It’s like discovering grandma’s old hope chest in the attic and then finding out what its contents are worth,” said Geithner. “Our Legacy Assets Roadshow cameras will capture the atmosphere of eager anticipation as bank executives hope their trash can turn to treasure. Of course, most of the time, the paper has nothing but sentimental value…but the speculation will have you on the edge of your seat.”

The rest at the link.

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