Obama $2 Trillion Bank Plan

February 11. 2009

The numbers keep getting bigger. President Barack Obama has unveiled a $2 trillion back rescue program. Treasury Secretary, Timothy Geithner, announced the plan to the public.

 Timothy Geithner: if this doesn't work, we are so up a creek without a paddle.

U.S. offers $2 trillion bank plan but stocks slump

WASHINGTON (Reuters) - U.S. Treasury chief Timothy Geithner on Tuesday unveiled a new bank rescue plan that would put $2 trillion to work mopping up bad assets and restoring credit, but stock markets plunged on fears it would not work.

http://uk.reuters.com