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bruce MN
Advisor

Why anybody...

.....anybody that is with a modest income and residential property that isn't worth on the real time market significantly more than the paper they've got outstanding on it would send in one more payment, partial or full, is way way beyond me in light of what the Bloombeg Press was successfully able through litigation to get the Fed to reveal about TARP and other bailout disbursments.

 

http://www.nakedcapitalism.com/2011/04/quelle-surprise-fed-lent-over-110-billion-against-junk-collat...