U.S. offers $2 trillion bank plan (Reuters)

Posted by admin on February 15, 2009 under News | 2 Comments to Read

U.S. offers $2 trillion bank plan (Reuters)

Federal Reserve Chairman Ben Bernanke waits for an announcement by Treasury Secretary Timothy Geithner in the Cash Room of the Treasury Department in Washington, February 10, 2009. (Larry Downing/Reuters)Reuters – U.S. Treasury chief Timothy Geithner on Tuesday unveiled a new bank rescue plan that would put $2 trillion to work mopping up bad assets and restoring credit, but stock markets plunged on fears it would not work.


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