Geithner: Banks might lose interest in troubled-asset programs

06/2/2009 | Reuters

Treasury Secretary Timothy Geithner said banks are raising large sums of capital and might be able to sell troubled assets without the government's help. The developments could reduce interest in government programs designed to rid banks of their troubled loans, he said. Still, the Obama administration plans to work with federal agencies to put the programs in place, Geithner said.

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