Timothy Geithner’s a Treasury secretary plan's to help a bank, buy off a bad real estate assets, which may involve U.S. to economy collapse.
Some financial market's will be eligible to participate in the Treasury’s new program. Investment funds will be able to buy and sell inside the securities program, which was announced few days ago by President. They also unveiled a companion program to finance purchases of whole real estate loans that will only allow banks as sellers.
Treasury investments in funds that will buy securities will berestricted to vehicles overseen by only as many as five managersinitially. Those firms each must have at least $10 billion of assets under management; the number and size of managers of the loan buying funds was not limited.
So the program a appear on stable the financial situation in US market and world market. Avoid collapse the Goverment work on some kind of program to increase a Property market, investment market and hole economy itself. To help start building a positive new kind of economy we has to help a big corporations, because it's a millions of jobs and the help a economy a lot. So we should start right from there to bild a new economy, but is this going to be a lesson for ban's in future? Or in some 10-15 years the blow the same baloon with the US market and world Economy.