Timothy Geithner On Meet The Press

For those of you who don’t understand the logistics of the Timothy Geithner plan to get the “toxic assets” off the balance sheets of the banks, see the link below.  He was on Meet The Press yesterday and there was a pretty simple explanation of how this will work. 

After you watch this, you’ll have to make the judgement if it will work.  I don’t believe he answered all the questions clearly.  But, I’m posting it because it was in pretty plain English.

http://www.msnbc.msn.com/id/29943746/

Just click on the link and then you can watch the interview.

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