Getting your player ready...
WASHINGTON — Treasury Secretary Timothy Geithner said Tuesday that the global recession is easing but that serious obstacles to a prolonged recovery remain.
Geithner told reporters there were a number of signs that conditions are getting better, including that 10 of the largest U.S. banks have been approved to repay $68 billion in government bailout money.
But the current financial crisis “took a long time to build up, and it will take a long time to get through it,” he said.
