Igawa, Brackman Contracts Included in Federal Bailout Plan for Risky Assets

WASHINGTON — The Obama administration's latest financial rescue package seeks private investors to purchase $1 trillion in troubled assets, including the bonuses given by the Yankees to prospect Andrew Brackman and Scranton's Kei Igawa, which have been clogging up credit markets rather than batters boxes.

U.S. Treasury Secretary Timothy Geithner did not deny uncertainties in the program but nevertheless touted the Brackman contract as a good deal for investors.

“He can throw 100-miles per hour," Geithner said of the 2007 draft pick, still yet to pitch in a real game. “The only question is whether his arm will fall off afterward.”

Geithner said he hopes investors would take other toxic contracts, but he acknowledged recent setbacks.

"Until yesterday, when he got hammered, I thought some idiot team out there would take a flier on Kei Igawa," he said. "Now, it looks like Scranton eats the guy for another season."