Politics & Government

March 12, 2009

Obama's econ failure: Still no plan to fix the banks

So far, Obama Treasury Secretary Tim Geithner hasn't gotten any further toward removing toxic assets from banks than his predecessor did. Bush Treasury Secretary Henry Paulson promised to do it in October; he didn't. Now experts are saying that the Obama administration's inability to come up with a convincing way to do that is putting the whole economic recovery plan at risk.

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