Geithner pledges forceful attack on banking crisis

無法笑

Treasury Secretary Timothy Geithner said Tuesday the new administration will wage an aggressive two-front battle against the worst financial crisis in seven decades, while the Federal Reserve announced it was expanding a key lending program to up to $1 trillion.

But investors appeared to reject the government's latest plan. The Dow Jones industrial average plunged more than 300 points in midday trading as financial stocks led the market lower, reflecting Wall Street's growing concerns about the government's ability to revive the banking industry.

The efforts were part of the government's major overhaul of the widely criticized financial rescue program.

cicic

盖特纳认捐有力打击银行业危机


财政部副部长盖特纳周二表示，新政府将工资侵略性两条战线斗争的最严重的金融危机在70多年里，虽然美国联邦储备理事会宣布，它正在扩大的一个关键的贷款计划，以高达1万亿美元。

但投资者似乎拒绝政府的最新计划。道琼斯工业平均指数下跌超过300点，盘中金融股引领市场下跌，反映出华尔街的日益关注政府是否有能力恢复银行业。

而作出的努力的一部分，政府的重大改革的广泛批评金融救援计划

cicic

GDNY

thanks

jlwc123

新政府将在

成裕chz

Touch

原帖由 無法笑 於 2009-2-11 12:49 AM 發表
Treasury Secretary Timothy Geithner said Tuesday the new administration will wage an aggressive two-front battle against the worst financial crisis in seven decades, while the Federal Reserve ann ...

thanks for the post
One of the other concerns: is the rescue plan extended to underwriting?!