Posted on Tuesday, 23rd September 2008 by CreditCardGuru
The “mother of all bailouts” is what they’re calling it – the $700 billion bailout of the U.S. financial market. Under the current plan, the government will buy back distressed assets from private holders on Wall Street.
Now how much the cookie crumbles depends on what types of debts are included. Will it only be mortgage-backed [...]
Tags: credit cards, government bailout, mortgages, taxes
Posted in News | Comments (1)
