On March 23, 2009 the US Treasury announced the framework for the Public-Private Investment Program (PPIP). This capped off $13.5 trillion in various U.S. Treasury, Federal Deposit Insurance Corporation (FDIC) and Federal Reserve Initiatives to stabilize the financial system and jump-start lending and the broader economy. Read this newsletter to learn about the PPIP, and also the Legacy Loans program, the Legacy Securities program, asset manager requirements, and reasons to think the PPIP may or may not be successful.