Treasury Secretary Timothy Geithner said use of taxpayer money would be watched closely.
(Paul J. Richards/AFP/Getty Images)
US sets massive bank rescue, stirs worries on Wall Street
Markets find details lacking; Effort could cost trillions
Treasury Secretary Timothy Geithner said use of taxpayer money would be watched closely.
(Paul J. Richards/AFP/Getty Images)
The Obama administration yesterday unveiled a plan to provide up to $2 trillion to shore up the faltering US banking system, but the proposal was not specific enough for Wall Street, where stocks fell sharply. (Full article: 975 words)
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