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(Washington: Charles Gibson) The stock market's response to the announcement by Treasury Secretary Tim Geithner of the administration's financial bailout plan noted. [With Terry Moran of "Nightline," President OBAMA - suggests Wall Street is hoping for an easy out.
(New York: Betsy Stark) The government rescue mission reviewed; details given from the financial stability plan audit of the banks, the public-private investment plan and the consumer and business lending initiative. [GEITHNER - says it will take time; notes banks will undergo a "stress test"; states we have to restore the flow of credit] [Meridian Equity Partners Jonathan CORPINA, University of Chicago business school professor Raghu RAJAN, MIT Sloan School of Management Simon JOHNSON- react to the bank plan.]
- Gibson, Charles;
- Stark, Betsy
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