Buying bad home loans would beat bailout -JPMorgan - Reuters
Story date: 2008-09-25 02:30:00
Added on: 2008-09-25 17:47:24
NEW YORK, Sept 25 (Reuters) - Buying $1 trillion of delinquent home loans at steep discounts would be a more direct way to break home price declines and rising foreclosures than the U.S. Treasury's proposal to soak up troubled securities, JPMorgan ...
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