Geithner’s $3 Trillion To The “Securitization Market”


Welcome to TARP as it is intended, or at least that is the story:

“Treasury Secretary Timothy Geithner announced plans that would make available $3 trillion dollars to the student, commercial mortgage, credit cards, SBA and auto loan securitization markets. This is part of Geithner speech to outline the use of the rest of the $350 billion Troubled Asset Relief Program (TARP) money.”

Opening paragraph of the story here:

No need for commentary for this one, hahaha


No Responses Yet to “Geithner’s $3 Trillion To The “Securitization Market””

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: