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“The provision of details yesterday by President (Barack) Obama and SecretaryGeithner is very important moving forward. More needs to be done in Europe on cleansing the banks. That’s what had to happen for stimulus to be effective, for economies globally to start to recover.” Finance Minister Jim Flahertyon the U.S. toxic asset purchase plan.
Blogs & Comment
Quote, unquote: Flaherty on toxic asset plan
By Bryan Borzykowski
“The provision of details yesterday by President (Barack) Obama and SecretaryGeithner is very important moving forward. More needs to be done in Europe on cleansing the banks. That’s what had to happen for stimulus to be effective, for economies globally to start to recover.”
Finance Minister Jim Flahertyon the U.S. toxic asset purchase plan.