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Bailout
: MacroprudentialHow to clean up the muddy mortgage mess
By James Ledbetter
Felix Salmon has written extensively about the ongoing mortgage crisis, from the problems with mortgage bonds to the impact of foreclosures on bank stocks. Here is a new video in which Felix offers a potential solution, in the form of principal reduction.
Posted by James Ledbetter.
Full post as published by Macroprudential on October 27, 2010 (boomark / email).
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