Geithner Op-Ed Calls Investors Back In

In an opinion piece in today’s Wall Street Journal, U.S. Treasury Secretary Timothy Geithner spelled out the rationale for the long-awaited Public-Private Investment Program (PPIP), and said the government would do everything it could to make investors comfortable again. “While this crisis was caused by banks taking too much risk, the danger now is that they will take too little,” he wrote.