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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (465113)	3/19/2009 10:20:03 PM
From: Brumar89	Read Replies (1) \| Respond to of 1573933

Lets see - it was February 10 when he disappointed Congress with his plan to make a plan. Now .... Plan to Buy Toxic Bank Assets Delayed Again By Massimo Calabresi Thursday, Mar. 19, 2009 The Administration's long-awaited plan to save America's banks is being delayed again, government sources tell Time. Fears of an AIG-like backlash among potential private investors, and the difficulty of creating a model to price toxic assets on the banks' balance sheets, have both contributed to the delay, the sources say. The slip is embarrassing for Treasury officials who have been assuring the media and the markets that the plan was coming, first in mid-February, and as recently as March 14 when Treasury Secretary Tim Geithner told Bloomberg TV he would release details soon. A senior Treasury department official says the plan isn't slipping, but other government officials say it is and could be unveiled anywhere from next week to early April. ... time.com This administration is awe inspiring.