Markets Don't Like the Geithner-Obama Stimulus Plan

The Dow shoots down after Sec. Geithner's announces TARP 2.

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By Michael Barone, Thomas Jefferson Street blog

A searing take on the Obama administration's financial plan, from Martin Wolf of the Financial Times. The Dow lost something like 5 percent of its value after Treasury Secretary Timothy Geithner's announcement of the administration's program; apparently the markets think like Wolf.

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