Geithner Predicts Double-Dip If Congress Fails To Lift Debt Ceiling
thestatedtruth.com | May 14, 2011
Geithner said in a letter dated May 13,2011 to Sen. Michael Bennet, D-Colo…..“A default on Treasury debt could lead to concerns about the solvency of the investment and financial institutions that hold Treasury securities in their portfolios, which could cause a run on money market mutual funds and the broader financial system,†. The Fed is trying […]
