and basically get at no risk because the government is securing majority of risk if not all the risk.The amount of toxic assets that RJF can win in the bidding will determine how much its future profits will soar in addition to its regular earnings.
The toxic assets won't be toxic to RJF because the government is taking the risk, The buyer example RJF would assume little to no risk. If held to maturity RJF will make out like a bandit with these assets.Its a win win situation for RJF, otherwise there would be no market for these assets. That is why the government is taking on the risk portion of the assets.
Funny ... our country is so screwed up that you factor in OWNING toxic assets as a plus .RJ .... the founders would be so proud .LMAO MFUND retailers are doomed .How many lawsuits hit the desk today ?