It's not quite a 5 year plan,more like a closeout sale.

Fed Backs Obama's Bailout Request

Officials Detail Plan To Overhaul Rescue

Washington Post Staff Writers
Wednesday, January 14, 2009; Page A01

Bernanke, in a speech in London, argued that "fiscal actions are unlikely to promote a lasting recovery unless they are accompanied by strong measures to further stabilize and strengthen the financial system."

Bernanke, speaking yesterday at the London School of Economics, said the government could buy troubled assets at auction, as the program was initially conceived. He also spelled out alternative approaches he had not aired before: insuring banks against further losses on those assets in exchange for stock or creating a "bad bank" that would hold the bad assets.


A Mr. Kohn said TARP "could be expanded to include lending for office buildings, shopping centers, hotels and such by supporting "commercial mortgage-backed securities."

Time for banks to loan out as much as possible for commercial mortgages. The okay has been given. Loan to whoever for howmuchever because the feds will help out. Have to avoid that systemic shock.