Discuss what is happening in Chattanooga - good, bad, new, old. There is a lot to learn about the Scenic City.

Sunday, September 21, 2008

Treasury bailout

The recent post on my real estate blog has this video about the upcoming Congressional debate for the Treasury plan to purchase $700 billion of mortgage assets.

Mortgage Bailout Treasury to purchase $700 billion of mortgage loansdiscuss the announce Treasury plans to request approval to establish an agency that would purchase up to $700 billion in morggage loans.

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