Temporary relief for a temporary situation; isn't that precisely what the loan modification is suppose to address?
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Let's get something straight right off the bat. We all know there is a certain level of fraud sleight of hand in the financial industry. I have called...
Instead of providing government money and guarantees to hedge funds that will supposedly price toxic assets, put the money to good use on main street through regional banks.
There are many good banks, most of them regional or local, that did not get snookered by the financial chicanery upon which the 'Goldilocks' economy was apparently based.
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