to the banks and ask the banks to lend it back to you.
So far how $700b will be used to save the market is really really vague, IMO.
Why not give the $700b+$800b (already spent) directly to people facing foreclosing? or lower interest rate of all the mortage? Why need go through banks and wall street?
So far how $700b will be used to save the market is really really vague, IMO.
Why not give the $700b+$800b (already spent) directly to people facing foreclosing? or lower interest rate of all the mortage? Why need go through banks and wall street?