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国际英语新闻：Obama "very confident" toxic asset plan will work
WASHINGTON, March 23 (Xinhua) -- U.S. President Barack Obama said on Monday that he was "very confident" that the latest plan to clean up toxic assets from bank balance sheets will work. "We believe this is one more element that is going to be absolutely critical in getting credit flowing again,Peruvian sea monster stories," Obama spoke briefly to reporters after meeting with his economic advisors at the White House. The news of the government's bad asset rescue plan is seen on the screen at Times Square in New York, the United States,Knowing Your 401k Plan - article by Good English Article Sites_12161,clark's shoes,||, March 23,pandora jewelery wholesale, 2009"It's not going to happen overnight, there is still great fragility in the financial systems but we think that we are moving in the right direction," he said. Earlier Monday,sea of monsters|embroidery design|Toy Building Blo, the Treasury Department unveiled a long-awaited program aimed at cleansing toxic assets from bank balance sheets that have frozen up lending and fueled the recession. The Treasury said the three part program will provide financing through the Federal Reserve and the Federal Deposit Insurance Corp.(FDIC) to help public-private investment partnerships buy up to 1 trillion U.S. dollars in distressed loans and securities.