Tuesday, April 21, 2009

Geithner says most banks have sufficient capital

Let me help this guy out, they are worthless. That's why they are called "toxic." Geithner says most banks have sufficient capital: "'Uncertainty about the value of legacy assets is constraining the ability of financial institutions to raise private capital,' Geithner said, adding that he hoped a public-private investment program will improve the ability to put a price on troubled mortgage and other assets."

No comments: