February 10, 2009

The U.S. government may find buyout firms, hedge funds and other private investors reluctant to help it cleanse banks of toxic assets, hampering efforts to jumpstart the economy.

Private investors say they are waiting for the details of an Obama administration plan, to be unveiled on Tuesday, that is expected to include buying troubled assets from banks. But they worry about how the assets would be priced and what guarantees they would get against potential losses.