A promised, Treasury Secretary Geitner has given a speech "introducing" the Treasury's Financial Stability Plan ...
"which will be available on a new website FinancialStability.gov, [and] will give the American people the transparency they deserve."
So far, the website doesn't have anything but the speech. Other highlights:
"First, we're going to require banking institutions to go through a carefully designed comprehensive stress test ..."
Second, ... we will establish a Public-Private Investment Fund. This program will provide government capital and government financing to help leverage private capital to help get private markets working again.
Third, ... we are prepared to commit up to a trillion dollars to support a Consumer and Business Lending Initiative.
Finally, we will launch a comprehensive housing program"
Tuesday, February 10, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment