According to the AP, Treasury Secretary Timothy Geithner is set to give a major speech on Monday to outline the $700 billion rescue plan.
As a part of any bailout package we’ll see, the government will certainly make some major moves in the real estate and banking space.
Meanwhile, real estate lobbyists were pressing the government to [...]
Posts tagged as:
Joshua Dorkin
Charles Feldman

Ted Karsch.





Shame on Barney Frank – Democrats No Help To Foreclosure Victims Either
by Rob K. Blake | January 10, 2009I have written here on BiggerPockets extensively on the complete lopsidedness of the banking bailout and how the preference was given early on to helping Wall Street fat-cats over Main Street foreclosure victims. The bailout bill created the Trouble Asset Relief Program (TARP), funded it with $750 Billion of which about $350 Billion still [...]