james1844
03-28-2009, 06:35 PM
HI All,
Saw this, wanted to post it to the forums. Its a video that cuts through a lot of the compexity of Treasury secretary Geitner's latest plan. The bottom line is that the latest plan is just a tricky way to transfer bad assets from the banks to the public.
Check it out here:
http://www.youtube.com/watch?v=n-arbfLTCtI
Saw this, wanted to post it to the forums. Its a video that cuts through a lot of the compexity of Treasury secretary Geitner's latest plan. The bottom line is that the latest plan is just a tricky way to transfer bad assets from the banks to the public.
Check it out here:
http://www.youtube.com/watch?v=n-arbfLTCtI