In an effort to attract more investors and generate greater yields from the liquidation of failed savings and loan assets, Roger Altman, the acting chief executive of the Resolution Trust Corp., has established new size limits for asset portfolios sold by the RTC.

It is not surprising that those who once benefited from the virtual absence of competition at the bargaining table would criticize this bold move. Much less explicable is the indictment of the current administration and Mr. Altman by critics who suggest that the moves further pork-barrel practices.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.