Stock prices fell sharply after Treasury Secretary Geithner unveiled the latest efforts to address the troubled banking system, a plan whose price tag could reach $2 trillion in money from the Treasury, Federal Reserve and private sector. Primary was an expanded effort to ease consumer and commercial credit and a new program to buy up hard-to-sell assets that have bogged down banks. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.