BAD BANK STRATEGY

Question =

What is the name given to a corporate structure created to isolate illiquid and high-risk/toxic assets held by a bank or a financial organisation, or perhaps a group of banks or financial organisations? A well-known example of a bad bank was Grant Street National Bank, which was created in 1988 to house the bad assets of Mellon Bank. This now defunct Mellon Bank in the US was the first to deploy this strategy.

ANS = BAD BANK STRATEGY.