Bush Addresses Mortgage Mess

Bush Addresses Mortgage Mess

There are 1 comment on the Cbs3.com story from Mar 28, 2008, titled Bush Addresses Mortgage Mess. In it, Cbs3.com reports that:

FREEHOLD, N.J. President Bush traveled to a credit counseling center Friday to promote a plan to assist homeowners caught up in the mortgage foreclosure crisis.

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Lance Winslow

United States

#1 Mar 28, 2008
It's not a mortgage mess, it's a situation where multinational financial institutions got un-done by their greed for easy profits on mortgage-derived comercial paper. A small part of the hundreds of billions dollar bailouts could have refinanced all the bad mortgages, but the focus is on rescueing Wall Street.

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