Thursday, March 26, 2009
The plan announced this week by the US Treasury secretary Tim Geithner is designed to clear away a large load of so-called “toxic assets” clogging up America’s financial system. But what are these assets? And how will the plan work?
Financial Times provides a very good video explanation that even the beginners can understand.
Financial Times provides a very good video explanation that even the beginners can understand.


Labels: FDIC, financial crisis, Tim Geithner, toxic assets, US treasury
0 Comments:
Subscribe to:
Post Comments (Atom)