by Calculated Risk on 2/06/2009 03:37:00 PM

From CNBC: Treasury's Geithner To Unveil Financial Plan Monday

The Treasury Department Friday said Secretary Timothy Geithner Monday would announce a "comprehensive plan" to stabilize the financial system.

In a noon news conference, Geithner will lay out a "strategy to strengthen our economy by getting credit flowing again to families and businesses," the statement said.

We know when, but not exactly what yet - although the article has more details, and I'm sure more will leak out over the weekend.

To build confidence, this should not only be the first Obama administration bailout of the banks, but also the last. Let us hope they know what the word "comprehensive" means.