Geithner: My Plan for Bad Bank Assets

by Benjamin Domenech on 2:33 am March 23, 2009

Embattled TreasSec Tim Geithner lays out plan for bad bank assets. As reported over the weekend, it’s a three-pronged strategy that leans heavily on the willingness of private investors to take up the slack thanks to heavy discounts and government backing. But will it impact nervous investors in the wake of AIG scandal?

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