Mar
31
2009
Geithner Plan Good for Some Banks, Says Roubini–Others Are Toast
Posted by: yahootechticker in Yahoo Tech TickerTim Geithner’s plan to get toxic assets off bank balance sheets should help strengthen SOLVENT financial institutions, Nouriel Roubini of RGE Monitor says. But banks that fail stress tests (a.k.a., insolvent ones) should be seized, restructured, and sold.
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