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A Fairer Alternative to a No-Strings Bailout?

Started by cordblomquist · 10 months ago

Late last year, the Treasury Secretary orchestrated a bailout of some subprime borrowers with adjustable-rate mortgages. Under it, their interest rates, which are slated to rise after the expiration of introductory low rates, would be frozen to keep their monthly payments low enough for th ... Continue reading »

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