Americans sat bewildered last Tuesday watching Timothy Geithner’s remarks, a series of vagaries culminating in incomprehensible simplifications of the stimulus plan, including the “Bad Bank” and a “stress test” to analyze the balance sheets of banks in need of assistance.
Americans sat bewildered last Tuesday watching Timothy Geithner’s remarks, a series of vagaries culminating in incomprehensible simplifications of the stimulus plan, including the “Bad Bank” and a “stress test” to analyze the balance sheets of banks in need of assistance.