Discovering a subprime solution: Part 2, who shall be saved?
[Continued from yesterday's Part 1.]
That’s the only thing a lender will refund cheerfully
Yesterday’s blog post reported about the broad-based subprime mortgage-interest-relief program being constructed by the industry and Treasury Secretary Henry Paulsen, almost as if he were reading AHI, and as reported in Friday’s Wall Street Journal.
Top Treasury officials fear that unless creditors agree [...]
