Resolution Trust Corporation

Resolution Trust Corp.. ( RTC) was a rescue company, which was founded in the 80s of the 20th century by the then U.S. government. This had to acquire the purpose of real estate, mortgages and other investments with a total value of $ 394 billion, which came from hundreds of collapsed savings and loan banks.

The collecting society RTC was between 1989 and 1993. You was disbanded after it was able to sell all the assets over the years successfully.

The current U.S. government with the current Treasury Secretary Henry Paulson plan a similar bailout. You want for around $ 700 billion to buy up bad loans and mortgages, which are considered the catalyst of the financial crisis in 2007 with the peak in September 2008, a newly formed company and then over the years to be able to place on the market again.

• Financial crisis
• Former company (United States)
• History of the United States (since 1988)