From CNN: US Treasury set to lay out financial plan.
The U.S. Treasury Department will likely lay out its framework plan for strengthening banks and dealing with the financial crisis early next week, a Treasury official said Monday.
The Treasury is working with other government agencies to craft a plan that will allocate the second half of a $700 billion financial rescue fund and further bolster the banking sector while also supporting credit markets and providing relief from home foreclosures.
Problem : $40T
Response: $350M (+ $800M)
Conclusion: FAILURE
Thank you for playing, Geithy-boy. You fail in 'rithmetic.
BORING. NEXT.
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