Home > Uncategorized > James K. Galbraith Reponds to Geithner’s Toxic Asset Plan (James K. Galbraith/Firedoglake)

James K. Galbraith Reponds to Geithner’s Toxic Asset Plan (James K. Galbraith/Firedoglake)

March 22nd, 2009

James K. Galbraith / Firedoglake:

James K. Galbraith Reponds to Geithner’s Toxic Asset Plan  —  digg it  —  I’ve just been reading the NYT report.  —  The central Treasury assumption, at least for public consumption, seems to be that the underlying mortgage loans will largely pay off, so that if the PPIP buys and holds …

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