Hank Paulson, US Treasury secretary, yesterday said "the worst is just beginning" for a wave of subprime mortgage resets as he unveiled an initiative with six private sector banks to delay home foreclosures.Ewww.
Wednesday, February 13, 2008
In that case, maybe we don't want you to level with us
CJR nabbed a nice quote from the Financial Times about the subprime mortgage mess:
Labels:
Economy,
Mortgage crisis
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