For years, Wall Street believed Timothy Geithner would give it a sympathetic hearing. Now it faces a rival for the Treasury secretary's attention: the American voter.

Mr. Geithner's Financial Stability Plan maps out some big moves to revive the financial system and make huge sums available to boost lending. The steep slide in stocks suggests, however, that investors were far from impressed. Critics said the plan lacked detail and was too timid in key areas, and said that it could take too long to implement.

Given that Mr. ...

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