Confused about Subprime Bailout Plan
Thursday December 6, 2007 // Share on Facebook
All the news I read & listen to today is about the plan by Bush (and others) to help borrowers with their subprime mortgages. However, the plan, as I understand it, is to simply freeze rate hikes for 5 years.
How does this fix the problem? Isn’t it just delaying the problem?
This entry was posted on Thursday, December 6th, 2007 at 8:55 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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