They sold indulgences, which were the worst kind of toxic asset, since they set off the 30 years' war.

The program is designed to provide liquidity for so-called "toxic assets" on the balance sheets of financial institutions.

Therefore, such banks will only sell toxic assets at above market prices.

When the market for toxic assets ceases to function, it is described as "frozen."

Markets for some toxic assets froze in 2007, and the problem grew much worse in the second half of 2008.

Paulson's plan is to buy the "toxic" assets from the banks.

Removing toxic assets would also reduce the volatility of banks' stock prices.

Force the banks to 'open the books' and reveal hidden 'toxic' assets.

We are talking about the toxic assets of banks and how we have to clear them.

Rather, did he create systems and not warn whenever the assumptions of their models were broken, the data was junk or trade toxic assets?