Treasury chief Tim Geithner is poised to announce details of next step in rescuing banks: Public-private partnerships.
NEW YORK (CNNMoney.com) -- The Obama administration on Monday will unveil a program to help banks clean up their books by purchasing their bad assets.
The effort marks the next big step in Washington's six-month-old bank rescue, which has so far mostly entailed making capital investments in exchange for stock shares and insuring bank obligations.More
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2009
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March
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- U.N. 'Climate Change' Plan Would Likely Shift Tril...
- G20 must act on economy - Brown .
- US backing for world currency stuns markets
- South America eyes common currency
- Southern African countries launch free trade zone
- Nobel-prize winner backs world currency
- China calls for a New Global Currency.
- Geithner to seek unprecedented powers, insiders say
- U.N. reports say Israel targeted civilians in Gaza
- South Africa bans Dalai Lama visit
- EPA says global warming a public danger.
- Iran sets terms for U.S. ties
- Resistance grows to Obama's bigger government
- U.S. plan to buy toxic assets near
- GPS tracking tags attached to dementia sufferers b...
- Israeli army ordered to devise Iran war
- China worried about safety of U.S. debt
- Sarkozy wins French NATO re-entry vote
- Russia plans military upgrade to match NATO
- The End Of Money
- Change? Obama Inner Circle Filled With Bilderbergers
- CBS Mobile to test location-based cellphone ads
- G20 make pledge to restore growth
- Iran, China sign $3.2 billion gas deal
- South Korea, Japan warn North Korea on missile
- China says to boost defense spending in 2009
- Iran's leader says Obama following Bush's path
- 'Israel seriously considering Iran military op'
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