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Treasury Plan to Buy Toxic Assets Spurs Rise in Equities and Risk Appetite

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    In the US, Treasury Secretary Tim Geithner unveiled new details about Treasury's plan to try and purchase illiquid "toxic" assets from bank's balance sheets, in an attempt to revive the US financial system. The plan is aimed at financing up to $1 trillion in purchases of devalued real-estate assets, using...

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