mohit | Shared With: Everyone - Apr 01 2008 | mortgages, finance, subprime, news, economics, toread
Quoted: I think this is basically a good idea. If the government is going to bail out the people trading with Bear Stearns in an effort to calm the markets, then they might as well go right to the source of the poison and clean up the mortgage mess. But it has to be done right. And I think that insuring the mortgages instead of buying them, as was done in the depression, is an idea with some merit.
mohit | Shared With: Everyone - Mar 28 2008 | investment club, finance, subprime, education
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