Investors banking on toxic plan (Reuters)

Posted by admin on March 25, 2009 under News | Read the First Comment

Investors banking on toxic plan (Reuters)

An American flag hangs above financial professionals working on the floor of the New York Stock Exchange near the end of the trading day on March 23, 2009 in New York City. Wall Street fell heavily Tuesday as investors retreated from a sizzling stock rally a day earlier fueled by a new US government plan to clean up toxic assets in the banking system.(AFP/Getty Images/File/Chris Hondros)Reuters – Wall Street’s attempt to recover further from 12-year lows faces its biggest test yet this week in the Treasury’s long-delayed bank rescue plan.


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