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Posts Tagged ‘foreclosures’

In these times of crisis, there’s an ever growing risk of making snap judgements based on present concerns without regard for longer term ramifications.

It’s only been two months (since September) that Congress debated and passed the original bailout plan proposed by US Treasury Paulson and Fed Chairman Bernanke. In this segment from Charlie Rose, Rep. Barney Frank expounds on the criticism of the bailout plan and its implications.

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