This weekend was spent by the Obama administration laying the groundwork for the release of the newest piece of government alphabet soup, the PPIP. Now the trick will be luring Wall Street into participating in the plan. Financially it is a no-brainer but many are concern that the rules could change after the game has begun, given the AIG nonsense of the last week. Some are skeptical of the public-private partnership from a practical perspective.
Tim Geithner takes to the pages of the WSJ to lay out his case today.
