U.S. may use capital injections for ‘bad’ asset plan, Geithner says

The Obama administration plans to use capital injections as an incentive to get U.S. banks to sell distressed securities to investors. The private investors will also get federal loans to buy the assets, in a two-pronged strategy intended to revive trading in mortgage-backed debt. Treasury Secretary Timothy Geithner said in an interview with PBS’s Charlie Rose ...

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U.S. may use capital injections for ‘bad’ asset plan, Geithner says

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