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The article reports on the extensive contacts made by U.S. Treasury Secretary Timothy Geithner with an exclusive group of Wall Street executives since taking the helm of the Treasury. According to calendars released by the department, more than 80 contacts were made by Geithner with several financial titans including Lloyd Blankfein of Goldman Sachs. Geither has acknowledged that he had kept such executives as bay due to public anger towards banks.

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 author comments on the plan of U.S. Treasury Secretary Timothy Geithner to establish private-public partnerships to buy troubled bank assets. He argues that the notion of an aggregator bank may be hard to promote if investors are expected to take minority equity stakes in an entity they can not control. He also mentions the importance of the shadow banking system for credit creation. The author also discusses some problems associated with the economic recovery plan.