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Treasury Plan Gets Details Today - Wall Street Rallies!

I just finished an article on my "outside" mortgatge blog on the Treasury's plan to buying the banks bad assests and what is now being called "toxic" mortgages inside a "public private partnership" with private investors.

This Treasury program was announced about a month ago but at that time we were given no details. Now we have the details and at least Wall Street liked what they heard since the DJIA rallied over 500 points!

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Toxic Assets Plan Gets Warm Response From Wall Street

Posted by Rob K. Blake, "The Mortgage Insider" on 03/23/2009 03:22 PM

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Banking Bailout in the Mortgage / Finance Channel

treasury plan, tim geithner, toxic assets

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