Relevant:
- It’s Official: Fannie CEO to Replace Kashkari
- Geithner's testimony to TARP Oversight Panel
- Kashkari: No Collapse Means Bailout is Working
- Bailout oversight panel warns of wave of commercial real estate foreclosures
- Testimony Before Congress: The Private Sector and Government Response to Mortgage Foreclosure Crisis
2009-10-23 — housingwire.com
" 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)."
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Comments:
tvsterling at 20:46 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? Permalinkadd a comment | go to forum thread
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