TITLE

Critics Slam Plan Details, Coverage, And Timing

AUTHOR(S)
Hopkins, Cheyenne; Kaper, Stacy; Flitter, Emily; Adler, Joe
PUB. DATE
February 2009
SOURCE
American Banker;2/11/2009, Vol. 174 Issue 28, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article discusses some criticisms of the improvements in the economic rescue plan of the financial services industry put forth by the administration of U.S. President Barack Obama. Critics found the plan short on specifics about acceleration of the loan modifications and the failure to provide details about establishing values for illiquid assets. Members of the Senate were expecting a more detailed and specific description of the recovery plan by Treasury Secretary Tim Geithner.
ACCESSION #
36533474

 

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