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Toxic Asset Plan

How the Toxic Asset Plan Will Magically Make Your Money Disappear

Cenk Uygur | Posted 05.25.2011 | Business
Cenk Uygur

The toxic asset plan will pick your pocket to pay off some of the richest people in America. If you think that makes sense, then you deserve to have your pocket picked.

Paul Krugman: Geithner Has Persuaded Obama To Recycle Bush's "Cash For Trash" Plan | PAUL KRUGMAN | Posted 05.25.2011 | Business

Over the weekend The Times and other newspapers reported leaked details about the Obama administration's bank rescue plan, which is to be officially r...

Treasury To Detail Toxic Assets Plan On Monday

Reuters | Posted 05.25.2011 | Politics

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner will announce details on Monday of the Obama administration's plans for removing so-ca...

Krugman On Geithner's Toxic Asset Plan: "The Zombie Ideas Have Won"

New York Times | Paul Krugman | Posted 05.25.2011 | Business

The Geithner plan has now been leaked in detail. It's exactly the plan that was widely analyzed -- and found wanting -- a couple of weeks ago. The zom...

Treasury To Offer Details On Toxic-Asset Plan In Coming Week

Reuters | Glenn Somerville | Posted 05.25.2011 | Business

The Treasury will offer more details in the coming week about how proposed public-private partnerships to take bad assets off banks' books will work, ...