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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (52559)3/25/2009 8:50:43 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
Is Tim Geithner's toxic asset plan toxic?
Mon, 03/23/2009 - 6:58pm

Markets reacted quickly -- and positively -- to U.S. Treasury Secretary Tim Geithner's announcement detailing a public-private investment program to absorb toxic assets, once and for all, from financial institutions' books. "I am very confident this scheme dominates all the alternatives for trying to find that balance," Geithner said about the plan.

...contd at experts.foreignpolicy.com



To: koan who wrote (52559)3/25/2009 12:14:30 PM
From: LLCF1 Recommendation  Read Replies (1) | Respond to of 149317
 
BTW, if you follow along with Heinz, he would recommend letting the whole thing collapse as well:

Subject 53855

BUT, the 'best' thing probably isn't palatable to the US public. Sort of like just changing you diet and lifestyle instead of trying all the latest medications... too painful.

DAK


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