" In a testimony before the Congressional Oversight Panel (COP), Herb Allison, the assistant secretary for Financial Stability, confirmed the US Treasury Department’s plans to develop a foreclosure alternatives program with funds from the Troubled Asset Relief Program (TARP)."


tvsterling at 08:46 2009-10-24 said:
Sounds like another reckless giveaway to the middle cla$$ to bail them out of their foolish & greedy party turned sour. Of course it is also another bribe to the greedy & predatory bankers who threw the party in the first place. What about the sensible, prudent & productive people who didn't snap at the bait & get themselves hooked? What about the well run banks? Is it now welfare for losers? Permalink

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