Obama's $1 Trillion Plan to End Bank Crisis

President Obama said today that his economic team is "very confident" that the administration's newest effort to stabilize banks -- a mix of public and private funds that could total $1 trillion -- will help to free up credit. The president spoke shortly after Treasury Secretary Timonthy Geithner officially announced the long anticipated program. The plan aims to remove so-called toxic assets -- many of them bad mortgage investments -- from the banks' balance sheets through a private-public...Full Story
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