Geithner sees "no risk" of a global currency war and that China works against its basic...

|By:, SA News Editor

Geithner sees "no risk" of a global currency war and that China works against its basic development objectives as it keeps its currency undervalued. Geithner also says a national foreclosure moratorium would be "very damaging" because it would halt the recovery process for neighborhoods hardest hit by the housing collapse.