Showing posts with label Tim Geithner. Show all posts
Showing posts with label Tim Geithner. Show all posts
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
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