Why the Rate Freeze Won't Warm the Economy

Story date: 2007-12-07 03:00:00
Added on: 2007-12-07 16:00:22

US News and World Report - It will bail out some drowning homeowners, but don't expect the Bush administration's subprime survival plan to do much for the broader economy. The "voluntary" deal with lenders will freeze the interest rates on several hundred thousand subprime ...


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