Bernanke Asks Taxpayers To Bail Out Banks
March 4th, 2008 | No commentsInteresting analysis of Ben Bernanke’s latest mortgage musings.

Interesting analysis of Ben Bernanke’s latest mortgage musings.
You’re on the board of a couple of big companies. Their business is investing in home mortgages, and you force them to be moderately picky about what they buy. It can’t be too big, and must garner a sufficient rate of interest over a sufficient length of time. You also subsidize these companies through loan [...]
You can’t make this stuff up. Via Reuters: Countrywide Financial Corp Chief Executive Angelo Mozilo sold some of his shares in the No. 1 U.S. mortgage lender to handle matters relating to his estate and retirement, former Countrywide board member Henry Cisneros said on Fox Business Network on Wednesday… Mozilo has realized more than $100 [...]