Reactions to Tarp 2

- Central Banking staff
- 11 Feb 2009

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Initial reaction on the new financial industry bailout plans announced on Tuesday, suggest that investors and observers are underwhelmed by the lack of details available at this stage and fear that the measures will continue to fall short of the comprehensive approach required.

Timothy Geithner, the secretary of the US Treasury, unveiled the plans for how the second half of the $700 billion available under the Troubled Assets Relief Programme (Tarp) - now rebranded as Financial Stability Plan -

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