Geithner says financial system 'starting to heal'
US Treasury Secretary Timothy Geithner said on Wednesday that the financial system ``is starting to heal'' as a result of massive efforts to rescue banks and steady the housing market.
WASHINGTON Declaring that the financial system was ``starting to heal,'' Treasury Secretary Timothy Geithner said Wednesday that major banks had raised $56 billion since stress tests showed several in need of more capital - a sign of emerging investor confidence.