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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Banks Foot Dragging on the PPIP | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="mELV63sRFj"&gt;&lt;a href="https://www.nakedcapitalism.com/2009/05/banks-foot-dragging-on-ppip.html"&gt;Banks Foot Dragging on the PPIP&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2009/05/banks-foot-dragging-on-ppip.html/embed#?secret=mELV63sRFj" width="600" height="338" title="&#x201C;Banks Foot Dragging on the PPIP&#x201D; &#x2014; naked capitalism" data-secret="mELV63sRFj" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>The notorious Public Private Investment Partnership, aka &#x201C;Son of MLEC,&#x201D; was supposed to be up and running as of early May but its debut has instead been pushed off to July. The need to sort out some details is the official reason for the delay, but the Financial Times&#x2019; Gillian Tett says that the banks [&hellip;]</description></oembed>

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