Someone help: What did Geithner say to cause stocks to fall so sharply?

[SkinsHokieFan]

Holy smokes, did anyone just see the market before and after Sec Tres spoke today?

[PleaseBlitz]

Holy smokes, did anyone just see the market before and after Sec Tres spoke today?

It wasnt what he said, it was what he didnt say........he gave almost no details of what his "plan" may be. Wall Street was expecting more.

[Stophovr6]

"Traders and investors said the lack of specifics from Treasury Secretary Timothy Geithner on how the government would direct more than $1 trillion in public and private support was troubling."

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&date=20090210&id=4160165

[BRAVEONAWARPATH]

He said banks would be submitted to a "stress test" by government regulators to make sure they were healthy enough to lend before receiving additional financial aid. :whoknows:

[RonJeremy]

He didn't say "jack ****"...that was the problem.

[Cherick]

I don't know........Is it just me??........

http://blackandwhiteprogram.com/wp-content/timothy_geithner.jpg

http://img.geocaching.com/track/display/007241e2-3af3-4964-98e5-5d36601d014b.jpg

http://www.bloomberg.com/apps/data?pid=avimage&iid=iIfSMQjbZGXw

http://www.kowulz.com/GreatGazoo.gif

[BRAVEONAWARPATH]

:rotflmao::rotflmao::rotflmao:

[Stophovr6]

I knew he looked familiar.

[Henry]

Brilliant. :)