What do you think the results will be of Geithner's latest Banking plan?
Original post made by Perspective, Midtown, on Mar 28, 2009
I hope someone can point me to a link that will give me some details. I also hope that it will mean loosening up credit and relaxing the stranglehold banks have over home and land owners right now. Seems they got a lot of money, and none of it went back into the citizens trying to keep businesses and homes afloat.
What do any of you think? Do you think that any of Geithner's secret plans have anything to do with the DOW stabilizing about 7500, or are we just adjusting to our worst case scenarios and responding to "no bad news today" by buying a bit more?
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