Politics & Government

March 23, 2009

Geithner's last shot: If this doesn't work, is nationalization next?

Treasury Secretary Timothy Geithner's long-awaited plan to help banks dispose of so-called "toxic assets" was greeted Monday with a huge rally on Wall Street. As the past 14 months of recession have made painfully clear, however, a one-day stock rally doesn't mean the worst is over. Geithner's plan remains fraught with uncertainty over whether it'll work.

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