Stock market makes it a four-in-a-row win streak

http://www.chron.com/disp/
story.mpl/headline/biz/6310593.html

I noticed this story of four in a row came after a tri-fecta from President Obama, Larry Summers and then to top if off Geitner on Charlie Rose for one hour. It appear investors have heard enough of what they want to hear and are beginning to reinvest in America and hopefully the world as well.

I think the plan for the Government to back up private investors to bid on toxic assets did the trick. Though the banks might be upset with this because they might only get 15 to 20 cents on the dollar for toxic assets instead of the 50 cents of the dollar that they thought they might get from the government, Warren Buffet's plan seems to have been adopted by Geitner, Summers and Obama and investors finally feel they have something solid and are beginning to invest again.

Also, the taxpayers likely won't get soaked by paying too much for toxic assets and instead private investors will bid on them at fair market prices like in an auction.

At least this was the impression I got from Geitner on Charlie Rose. If you didn't hear this interview and are interested you could probably find it on PBS Tv Charlie Rose under the Geitner interview or something like that online.