Recently, Bloomberg reported that the Federal Reserve has pledged more than $7.4 trillion to help work the credit markets loose. They are doing this while the FHA is backing more subprime loans, many of which originating with the same people who brought us to this crisis, are being made—loans that could finally kill the US economy for good.
Tags: small business, bailout, fed, fha, credit, credit crisis, subprime mortgages
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Posted: 11/24/2008 | Comments (0)
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