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Carbon Emitter
Join Date: Feb 2004
Location: Socialist Republic of California
Posts: 2,129
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So tabs, you're saying that this bill is mostly to buy time to allow the lenders and institutions that hold these mortgages sort the good mortgages out from the bad? So they can re-package and sell off the "good" mortgages to raise capital to cover the bad? If so that makes some sense.
Last edited by jkarolyi; 12-05-2007 at 05:07 PM..
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