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Joke's On You, America

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September 19, 2008 – Comments (0)

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.

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