By: Bovemsa CheungNEW YORK (Fortune) -- The Obama administration is intent on fixing the banks. But doing so won't be simple or cheap.
Treasury Secretary Timothy Geithner has said officials are looking at a "range of options" that would boost confidence in troubled big banks. He said Wednesday that the administration expects to make its proposals public "relatively soon."
The plans are likely to include a program that would relieve banks of troubled mortgage assets, and may also feature promises for additional capital infusions or an offer to guarantee the value of some bank holdings.
Officials have been most vocal about the first option, though observers said any "comprehensive" plan, as Geithner has promised, may include elements of all three policies.
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