Banking, Debt & Markets
Is It Any Wonder the Markets Continue to Sink? From MRW Water Cooler: Click here for article from Investor’s Business Daily Q: “A $75 billion bailout for 9 million Americans who face foreclosure, regardless of how they got into financial trouble, is the government’s answer to the housing crunch. Many Americans who have scrupulously kept up with payments are steaming at the thought of subsidizing those who’ve been profligate or irresponsible. With recent data showing that as much as 55% of those who get foreclosure aid end up defaulting anyway, a signal has been sent that America has gone from Read More