The Treasury Secretary will announce more details on the bank bailout plan in the next few minutes. Treasury has released a new fact sheet on the plan, and in a WSJ op-ed today, Geithner looks to rebrand “toxic assets” as “legacy securities” (bad mortgages are dubbed “legacy loans”).
Man of the Day: Tim Geithner
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March 23, 2009 4:57 a.m.
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