Geithner: Disparity in recovery ‘deeply unfair’ – Stocks & economy- msnbc.com

Posted on 4th April 2010 in Money and Economics

WASHINGTON – Treasury Secretary Timothy Geithner said Thursday its “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.He acknowledged public outrage over that and said people watched with disdain as Washington protected high-risk banks and investment houses, even as the national unemployment rate was soaring to double-digit levels for the first time in a generation.

via Geithner: Disparity in recovery ‘deeply unfair’ – Stocks & economy- msnbc.com.

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