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Confusion over Tory inheritance tax plan
The Conservatives have been accused of being in 'disarray' over their taxcutting promises after Ken Clarke said their flagship inheritance tax pledge was no longer a 'high priority'
FT

Timothy Geithner: My Plan for Bad Bank Assets
The private sector will set prices. Taxpayers will share in any upside.
Wall Street Journal

Toxic assets plan is big White House test
The Obama administration faces its latest moment of truth when Tim Geithner unveils much awaited plans to take hundreds of billions of toxic assets off banks' balance sheets
FT

Geithner to hold briefing Monday on toxic assets plan
WASHINGTON (MarketWatch) -- U.S. Treasury Secretary Timothy Geithner will on Monday provide details about the government's latest plan to help rid banks of toxic assets clogging the financial system. The Treasury Department said in a press release that it will hold the briefing at 8:45 a.m. EDT on Monday. The Treasury Department's program involves setting up a new investment fund to buy mortgage-related securities and other assets weighing down bank balance sheets. The new Public Private Investment Program would combine taxpayer money with private funds, aiming to buy loans and free up banks to renew lending.
Market Watch

Twitter Weekly Updates for 2009-03-22
Treasury's toxic asset plan could cost $1 trillion - The Associated Press http://tinyurl.com/c5xxxl #Women from rich families made it to parliament - Peninsula On-line http://tinyurl.com/cenvmw #Do not pass go - or expect house prices to rise soon - Telegraph.co.uk http://tinyurl.com/deqtso #Fair valuations in realty mooted - GulfNews http://tinyurl.com/ckdcjq #Mini poll finds real estate bargains in [...]This Post is from: Overseas Property Mall, part of Fuzz One Media GroupTwitter Weekly Updates for 2009-03-22
Oversees Property

Warning over bonus crackdown
Plans by US lawmakers to curtail big Wall Street bonuses may have adverse effects on government rescue plans aimed at restarting consumer lending and resolving the toxic asset overhang
FT

Financials Climb on Geithner Plan
The Nikkei climbed 1.8% Monday with financial stocks leading as investors awaited Geithner's plan to clear toxic assets off U.S. banks' books.
Wall Street Journal

Crush a bomb: car industry stimulus proposal - Australian Broadcasting Corp.
The car industry wants people to be paid to crush their cars and use the money to buy new, more efficient vehicles. The Motor Traders&os; Association (MTA) of New South Wales has written to federal Treasurer Wayne Swan with the plan, under which people ...
Feed Digest

Banking Transparency Gone: The Federal Reserve has been Slowly Moving to more Archaic Forms of Creating Credit. New Plan Will Subsidize Casino Loans for Investors with Taxpayer Money.
While the public is exercising a Freudian fixation on the A.I.G. scandal, misguidedly thinking that A.I.G. is an American company...
Mr. Swing

GM bondholders voice concerns to Treasury
Bondholders of General Motors sent a letter on Sunday to members of the Obama administration voicing ongoing concern about the automaker's restructuring efforts, including frustration with the progress of talks to cut debt and doubt that GM's business plan will result in a lasting turnaround
FT

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Archived "business - retirement plans" news stories.

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