Wall Street’s reaction to Geithner plan: Hate it!
The markets are sharpy down today, more than 300 points by 1:15 p.m., after the announcement of the revamped and renamed TARP financial industry bailout plan (now called FSP for Financial Stability Plan) by Treasury Secretary Timothy Geithner. Here’s is what it looks like on StockCharts.com:
Geithner’s full remarks after the jump.
