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"It gives the farmers an alternative to selling them for the frozen market," she said.
Even as investors and taxpayers are hurt by this frozen market, Wall Street is making money from it.
As for the frozen market for auction-rate notes, both fund companies say they are working with regulators on a solution.
The proposed fund could help thaw the frozen market for asset-backed securities by establishing a ready buyer, even if no SIV uses it.
Real estate agents, developers and economists here all agree that the frozen market is the work of the current president, Roh Moo-hyun.
A UBS spokeswoman expressed disappointment that the lawsuit had been filed Thursday and said the firm was working on solutions to the frozen market for auction-rate securities.
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Merrill said its focus on the frozen markets convinced it that it will not need to raise more capital to back up the securities once it purchases them from clients in January.
Mr. Paulson told lawmakers it made more sense to jumpstart the frozen credit markets with "market measures," by which he meant buying up assets rather than institutions.
Conditions in European financial markets have worsened this week amid a rush of failing banks, falling markets, dollar shortages, and frozen money markets.And the Securities and Exchange Commission is attempting to relieve the stress created by mark-to-market accounting rules.
The Indian frozen desserts market is just over $200 million a year.
Well, this is big-time politics in 2016, not the low-end frozen steak market.
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