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The author offers his opinion on the financial rescue plan of U.S. Treasury Secretary Timothy Geithner. He states that the final piece of the plan is the public-private investment partnerships (PPIP) that are supposed to buy toxic loans and securities from troubled banks. He claims that the secret to financing the plan is not private money but government money that does not require congressional approval. He also cites the impact of the failure of the plan on taxpayers.

The article reports on the plan of the administration of U.S. President Barack Obama to create multiple investment funds intended to purchase bad loans and other distressed assets affected by the financial crisis. It notes that part of the bailout plan for banks is a partnership with the private sector to buy distressed assets worth $500 billion to $1 trillion. It mentions that a possible final structure for the private-public financing partnership is the creation of separate funds to be operated by private investment managers.

The article discusses the key elements of the U.S. bailout plan and how they work. The plan offers a financial cushion for banks and encourages them to lend. It also purchases toxic assets by creating a public-private investment fund to buy bad loans that are causing bank losses. The plan also help homeowners and expands a Federal Reserve program.