Monday, February 9, 2009

In Geithner's Overhaul, Aggressive Use of All Available Tools Expected - washingtonpost.com

*The Obama administration aims to ease the financial crisis through a series of steps -- including a program to insure banks against extreme losses on mortgages and other loans, a new round of investments in banks, help for homeowners at risk of foreclosure and the broadening of a Federal Reserve program to prop up lending. It could also purchase toxic assets from banks, possibly with financing from the private sector.
In Geithner's Overhaul, Aggressive Use of All Available Tools Expected - washingtonpost.com

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