1. My Plan for Bad Bank Assets.
- Author
-
Geithner, Timothy
- Subjects
- *
BANK assets , *BANK loans , *LIQUIDITY (Economics) , *ASSET-liability management , *BANKING industry , *PUBLIC-private sector cooperation - Abstract
The author explains his plan for bad bank assets aimed at increasing the flow of credit and expand liquidity in the U.S. He describes the three essential design features of the funds established under the Public-Private Investment Program. He emphasizes the need to promote the public trust and utilize taxpayer money to boost the financial system. The author also cites the need to establish an environment wherein it is possible for investors to take risks.
- Published
- 2009