Timothy Geithner said Sunday $135 billion dollars remained

[mgt23]

WASHINGTON (AFP)--U.S. Treasury Secretary Timothy Geithner said Sunday $135 billion dollars remained from a $700 billion fund approved by Congress to shore up the financial sector reeling from crisis.
"We have roughly $135 billion left of uncommitted resources. The rest is out the door," he said on ABC Television's "This Week with George Stephanopoulos."
During the interview, Geithner refused to say whether the Treasury would be back seeking additional bailout funds from the Congress in an effort to shore up the troubled banks.
Geithner also refused to provide any details about any new plans to bail out U.S. auto makers. The government is expected to announce it's future plans for the Detroit auto makers on Monday.
(END) Dow Jones Newswires
March 29, 2009 10:46 ET (14:46 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.


my point is that the automakers are going down and it would be interesting to see if obama gets another bailout. if he doesn't war is coming imo

[Ognir]

Should be a good read tomorrow :lol: