The Obama administration is reportedly working on a major overhaul of the U.S. financial regulatory system, in the wake of the financial meltdown blamed in part on inadequate supervision of the complex system.

The governor of the Bank of Israel, Stanley Fischer says that the country's economy was hard hit in 2008 but that it is dealing with the current crisis relatively well.

While protests of the G20 Summit in London turned violent last week, a more peaceful demonstration took place in downtown Pittsburgh.

The Wall Street responded very positively to Obama Geithner's bank rescue plan and Dow Jones Industrial Average jumped 497 points ending the day at 7,775.86.

Here is the Sample Investment plan that the U.S. Treasury has unveild as to how it will invest under the Legacy Securities Program of the Public Private Partnership Program that Treasury's Tim Geithner unveiled this morning.

The information released in the US Treasury's Public Private Partnership program says the goal of the program is to restart the market for legacy securities, allowing banks and other financial institutions to free up capital and stimulate the extension of new credit.

US Treasury provides a Sample Investment Under the Legacy Loans Program

The Legacy Loans Program: To cleanse bank balance sheets of troubled legacy loans and reduce the overhang of uncertainty associated with these assets, the Federal Deposit Insurance Corporation and Treasury are launching a program to attract private capital to purchase eligible legacy loans from participating banks through the provision of FDIC debt guarantees and Treasury equity co-investment.

US Treasury that just this morning unveiled its plan of Public Private Partnership Investment Program says this approach is superior to the alternatives of either hoping for banks to gradually work these assets off their books or of the government purchasing the assets directly.

The U.S. Treasury Secretary Tim Geithner just released the Public Private Partnership Investment Program that aims to stabilize the U.S. banks and help to promote the economy. Bellow are the complete details of the investment program.