Obama: Govt. plan to invest in banks a good idea

Democratic presidential candidate Barack Obama endorsed the federal government's plan to invest $250 billion in the nation's banks, saying it will strengthen the financial system and give taxpayers some extra protection.

"I think the idea of injecting capital directly into banks is a good one," Obama said Tuesday while campaigning near Toledo. "It gives taxpayers a better chance of getting their money out. Potentially, it also gives the Treasury some more direct mechanisms to monitor and apply some ground rules to participating banks."

Obama told reporters that he wants to see limits on the salaries of top executives at the banks that accept …