The Joint Economic Committee Majority Staff has issued Main Street: Understanding How the Credit Crisis Affects You. It provides a nice brief explanation of the securitization process and the role of credit in the financial system.
Tuesday, November 25, 2008
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There is more money to go around now than ever. Lenders are being bailed out, which means a bailout for borrowers. You would be surprised at how many 0% loans, grants, and funding is going around.
ReplyDeleteBailouts for Everyone