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Geithner's New Toxic Asset Plan Calls on Hedge Fund Help

posted by wowOwow | The Women on the Web
Tuesday, March 24, 2009 at 10:58am CDT

Geithner unveils plan to rid toxic assets from banks’ balance sheets, calls for private industry to share some riskCongress Taxing AIG Bonuses | Today 11:20 am

Yes, President Obama and others at the White House are angry over those big AIG bonuses, but that doesn’t mean they’re going to support taxing them to high heaven.

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p> Some of Obama’s most trusted economic advisers are so far keeping a distance from a Congressional plan to reclaim bonus cash with 90 percent tax targeted toward the financial firms. One advisor even told The Washington Post that this route may be a "dangerous way to go."

View Original Post at wowowow.com


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