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Real Estate & Property Law
: Housing WireGeithner Sees Green Shoots
By DIANA GOLOBAY
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US Treasury Department secretary Tim Geithner, in his testimony before the Senate Banking Committee today, says markets are recovering and private capital is flowing once more.
He cites narrowed spreads on corporate and municipal bonds, smaller risk premiums in short-term, inter-banck markets and decreased credit protection costs at the largest US banks as indicators of said [...]Full post as published by Housing Wire on May 20, 2009 (boomark / email).
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