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Reuters: FDIC's Bair: Bad assets plan can jump-start U.S. economy

Started by chris, March 10, 2009, 05:59:14 AM

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chris

FDIC's Bair: Bad assets plan can jump-start U.S. economy
      
   
      


WASHINGTON (Reuters) - The U.S. government's plan to strip banks of troubled assets could force some firms to record large losses, but the move would help restore confidence in the banking system, the head of the Federal Deposit Insurance Corp. said in an interview in Tuesday's Washington Post.<div class="feedflare">
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