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| Author: | Lee, P. |
| Title: | Groundhog day |
| Journal: | Euromoney
2009 : MAR, VOL. 40:479, p. 50-59 |
| Index terms: | financial markets financial crises banking USA |
| Language: | eng |
| Abstract: | This article deals with the financial sector stabilization plan introduced by U.S. Treasury Secretary Timothy Geithner on Feb. 10, 2009. He has put off creating a bad bank to purge the system's toxic assets but its day will surely come. There are many bad banks and when they inevitably collapse, taxpayers will get the burden. |
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