Joke's On You, America
These two things go great together -- if you're a bank executive or bad debt holder who needs a deep pocket, ignorant bagholder:Paulson, Bush Back Plan at 'Pivotal' Time
Paulson plans a "bold" program, to be addressed by Congress next week, to take over troubled assets. More immediately, Fannie and Freddie will buy more mortgage-backed debt.
Loan Delinquencies Reappear
Loan delinquencies jumped at the fastest pace since last year in August for many categories.