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Public-Private Investment Plan


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Secretary Geithner lays out his new plan

 

Is this plan any different than what TARP I was supposed to be? I guess I just don't see how this will work any better than the old plan. There are people out there willing to buy this stuff already, the Banks just don't like the price (and the corresponding hit to their financial statements). How will this make the price 'better'? Thoughts?

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Is this plan any different than what TARP I was supposed to be? I guess I just don't see how this will work any better than the old plan.

 

Not really.

 

And they never followed the old plan, which is a big part of the current problem.

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