To the Point
Obama Administration's Bank Rescue Plan
Last month, Treasury Secretary Tim Geithner's outline of plans to stabilize the banking system was panned as being short on substance. Today, when details were explained , stocks soared on Wall Street and markets around the world. President Obama said the public-private partnership will allow banks to get bad assets off their books.
By Warren Olney • • 1 min readLast month, Treasury Secretary Tim Geithner's outline of plans to stabilize the banking system was panned as being short on substance. Today, when details were explained, stocks soared on Wall Street and markets around the world. President Obama said the public-private partnership will allow banks to get bad assets off their books. Michael Crittenden is finance reporter for Dow Jones Newswires.
The full episode
1 of 3
Treasury Secretary Tim Geithner and Bailout Backlash- 1:45Obama Administration's Bank Rescue PlanYou’re reading this
- 7:47Treasury Secretary Tim Geithner and Bailout Backlash
- 42:36The Tata Nano Has Arrived
The full episode
1 of 3Treasury Secretary Tim Geithner and Bailout Backlash- 1:45Obama Administration's Bank Rescue PlanYou’re reading this
- 7:47Treasury Secretary Tim Geithner and Bailout Backlash
- 42:36The Tata Nano Has Arrived