Sink eyes toxic assets

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MARCH 24, 2009

Alex Sink, conservative fiscal watchdog?

AP: Florida's top financial regulator says the state might want to invest in the toxic assets the federal government is trying to wash away from banks.

Chief Financial Officer Alex Sink said Tuesday Florida should examine any assets that could deliver a good return. The Democrat said it would depend on how the buy is structured, but the discounted assets could represent a good opportunity. Sink, a former bank executive, says she's willing to look at anything to improve the state's investment portfolio.

Posted by Adam Smith at 2:28:11 pm on March 24, 2009 in

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