Saturday, February 7, 2009  Treasury Plan May Include
Liquidations  Good Afternoon Folks  The news on Geithner's
recovery plan is fast and furious today. There are three
articles I want to share with you. The last article around the
TALF will basically result in another huge payday for the pigmen
and its going to make you sick.  Lets start with Bloomberg's and
the Times updates around some of the details on the Treasury
plan:  "Feb. 7 (Bloomberg) -- The Obama administration is
considering subjecting banks to a new test to determine whether
they require fresh capital injections as part of the rescue plan
to be unveiled by Treasury Secretary Timothy Geithner next week,
people familiar with the matter said.  The Treasury may increase
its stake in lenders that are judged short of capital, the
people said on condition of anonymity. Should extra taxpayer
funds result in majority ownership by the government, officials
would then decide whether to liquidate the institutions, place
them into receivership or retire the