by Moe Bedard
By Moe Bedard
Wall Street War Brewing Against the Obama Plan, I argued that bond investors were going to start taking the job of protecting their assets seriously even though doing so makes no sense for Main Street. Today’s Financial Times ran an article indicating that these bond investors are so serious that they’re beginning to [...]
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by Moe Bedard
Investors who hold billions of dollars of residential mortgage-backed securities are pressing the Obama administration to make changes in its housing rescue plan.
Participation by these investors will help determine the success of President Barack Obama’s $75 billion plan to reduce foreclosures and help stabilize the housing market. But many investors are critical of features of [...]
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