Why Geithner’s bank bailout plan got a Bronx cheer
This was supposed to be a great week for Washington and Wall Street. The administration had leaked in advance that it was going to put a full-court press on for its stimulus and bailout programs. That led to intense anticipatory buying by the stock market bulls. Monday night’s primetime news conference with President Barack Obama only heightened anticipation ahead of the main events on Tuesday: A big speech from Treasury Secretary Timothy Geithner and testimony before Congress by Fede
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Tags: Bank, Money, Programs, Wall Street, WASHINGTON