I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]
Posts Tagged ‘Mortgage Crisis’
Paulson’s bailout plan wont work for the average american
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged average american, bailout plan, Ben Bernanke, Corporate Welfare, Economy management, FED, federal mortgage bailout, Financial Markets, Frank Paulson, Housing crisis, Mortgage Crisis, paulson's bailout plan, Paulson's plan, Subprime Crisis, US Economy on September 20, 2008 | 1 Comment »
Housing crisis coverage
Posted in Financial Markets, tagged 60 minutes, CBS, Mortgage Crisis on January 29, 2008 | Leave a Comment »
Here’s a pretty good post on the mortgage crisis from 60 minutes;
