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  • Wall Street Breakfast: Must-Know News [View article]
    "that recovery in 2010 will be crippled by a U.S. consumer unwilling or unable to open his or her wallet." Others took the recent downturn as a sign equity prices had gotten ahead of real improvements in the economy"

    Have these guys been asleep somewhere.

    Hello!!! Rip Vanwinkle, time to wake up!!!
    Nov 03 08:01 am |Rating: +10 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "defer [payment of] the money owed to a later time when, hopefully, home values have improved."

    This sounds like if values don't rise you dont make payments. I am sure that would prevent forclosures but at what cost. I dont mind to defer the payments but it has to be some reasonable period of time not "when the home values have improved."
    Jul 30 08:03 am |Rating: +3 -3 |Link to Comment
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