“It’s a resounding ‘yes’ from Wall Street,” said Peter Kenny, managing director for institutional sales at Knight Equity Markets in Jersey City, New Jersey. “There’s confidence in a person who is up and coming and recognized as an authority on a very complex problem. There’s confidence in what he’s displayed so far, in terms of his leadership and management skill.”
10 FEBRUARY 2009
Wall Street's message to the Obama administration was clear Tuesday, even if the plan to save the banking industry wasn't...Unhappy with a lack of clarity in Treasury Secretary Timothy Geithner's new financial rescue plan, investors launched a massive stock selloff, raising further questions about when confidence would be restored to the market.
