Geithner Defends Lack of Details in Financial Plan

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Treasury Secretary Timothy Geithner told Congress he needs time to work out the details of his strategy to shore up the financial industry.

From Bloomberg

This comes a day after stock traders punished the initial outline.

"I completely understand the desire for details and commitments," Geithner told lawmakers today at the Senate Budget Committee in Washington.

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Tags: geithner, treasury secretary, economy, senate budget committee