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Old 08-20-2008, 02:43 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,806,900 times
Reputation: 6436

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FDIC to offer better terms on thousands of IndyMac mortgages - MarketWatch

Because that's what the FDIC does, right?
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Old 08-20-2008, 04:13 PM
 
Location: Texas
5,012 posts, read 7,858,368 times
Reputation: 5698
LOL. Inflation nation. Where's the money going to come from to pay for this? A Keyenesian's wet dream. Deficit spending to "stimulate" the economy. Does anyone actually subscribe to this type thinking?
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Old 08-20-2008, 04:20 PM
 
Location: RSM
5,113 posts, read 19,726,301 times
Reputation: 1927
it can work, but not like this
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Old 08-20-2008, 04:22 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,806,900 times
Reputation: 6436
It was mentioned in the lower comments on that page, but someone said it smells like a trillion dollar class action lawsuit.
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