1.0 link 166303 http://www.huffingtonpost.com/jeffrey-sachs/a-proposal-on-how-to-clea_b_166303.html The Treasury is still without a plan to clean the banks. Treasury Secretary Tim Geithner told us yesterday that a new "Public-Private Investment Fund" would remove up to $1 trillion of toxic assets from the banks' balance sheets, but he didn't tell us how. In fact, they're still trying to figure that out. If the government pays too much for the bad assets, it bails out the banks. If it pays too little, it de-capitalizes them, leading to a further...

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