CNBC's Charles Gasparino said he is hearing the "bad bank" plan is being put on hold

January 30, 2009 1:30 PM EST

CNBC's Charles Gasparino said he is hearing the "bad bank" plan is being put on hold due to hitting a major snag.

Charlie doesn't have a lot of specifics on this, but then again there haven't been any specifics from the government on the plan either.

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