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Geithner says most banks have sufficient capital

Geithner says most banks have sufficient capital

Treasury Secretary Timothy Geithner said on Tuesday that most U.S. banks have enough capital to keep lending but a pile of bad debts is fostering doubts about their health and slowing a recovery.

 

Stocks Rise Sharply at Bell

Investors respond positively to plan to remove up to $1 trillion in bad assets from banks' books.

 

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