How to Stop the Banks' Bleeding: No Easy Choices »

Posted By myfairlady 11 months ago in Business & Finance

Timothy Geithner, you're on your own. If Geithner, who is expected to be confirmed as Treasury Secretary later this week, plans on waiting until a consensus forms on what to do with the second half of the $700 billion bank rescue fund approved by the Congress in early October, he may be waiting awhile. Economists, Wall Streeters and industry analysts are split on how best to spend what remains in the so-called Troubled Asset Relief Program, which has done anything but offer relief.

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