FOX Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting that Treasury Secretary Timothy Geithner is encouraging European leaders to “’ do a U.S. TARP style bailout.’”
Excerpts from the report can be found below, courtesy of FOX Business Network.
On how Treasury Secretary Timothy Geithner is trying to persuade European leaders to handle the economic crisis:
“Wall Street is telling Geithner, and Geithner is telling the European leaders ‘take a page out of my playbook, and do a U.S. TARP style bailout.’ At the top of the list is capital injections.”
