August 7th, 2008
Meltdown Websites
Tagged: 'Meltdown'
MORTGAGE MELTDOWN / Interest rate 'freeze' - the real story is fraud / Bankers pay lip service to families while scurrying to avert suits, prison
Added On December 10, 2007
'goal of the [interest rate] freeze is to prevent owners of mortgage-backed securities, many of them foreigners, from suing U.S. banks and forcing them to buy back worthless mortgage securities at face value - right now almost 10 times their market worth.
finance | money | banking | usa | meltdown | realestate
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