More Ugly Details Emerge On "Geithner's Heist America Plan"

"While dozens of banks and insurance companies today hold more than $10 billion in toxic securities, the vast majority are trying to get these assets off their books -- not lining up to buy more. As for asset management firms that hold such a big portfolio -- and are also healthy enough to serve as fund managers -- there is only a small pool, such as Black Rock, Pimco, Goldman Sachs or Legg Mason, as well as a titan or two of the hedge fund industry, such as Bridgewater. "This is ugly," says Joshua Rosner, the managing director of Graham, Fisher & Co., an independent research firm."