US Treasury secretary Tim Geithner faces a critical test of his credibility when he unveils a much-awaited plan to take toxic assets off bank balance sheets – expected in coming days. Geithner, whose initial announcement last month on the troubled asset purchase plan disappointed the market, has been criticised in Washington and on Wall Street, with some questioning whether he can deliver.

This entry was posted by Gwen Robinson on Wednesday, March 18th, 2009 at 5:01 and is filed under Capital markets, People. Tagged with Tim Geithner. Edit this entry.