WASHINGTON, March 22 (Reuters) - The U.S. Treasury Department announced on Sunday that Treasury Secretary Timothy Geithner will hold a briefing on Monday morning on efforts to stabilize the financial system.
'Tomorrow, Treasury will announce details of the next component: the Public Private Investment Program, which will invest alongside private investors in funds that will provide a market for the legacy loans and securities that currently burden the financial system' Treasury said in an announcement.
(Reporting by David Lawder, writing by Glenn Somerville, editing by Richard Chang)
Keywords: FINANCIAL/USA BAILOUT
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Tomorrow, Treasury will announce details of the next component: the Public Private Investment Program, which will invest alongside private investors in funds that will provide a market for the legacy loans and securities that currently burden the financial system' Treasury said in an announcement.
(Reporting by David Lawder, writing by Glenn Somerville, editing by Richard Chang)
Keywords: FINANCIAL/USA BAILOUT
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.