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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Asymmetric who wrote (149261)9/23/2008 12:41:50 AM
From: NOWRead Replies (1) of 306849
 
The Bush administration has conceded several changes to its rescue plan for the troubled banking industry, including agreeing to compensation limits for bank chief executives taking part in the plan and the need for more help for homeowners facing foreclosure, a leading House Democrat said Monday.

Chairman of the House Financial Services Committee Rep. Barney Frank said the Treasury also agreed to Democrats' idea that the federal government should receive warrants to take an equity stake in financial firms in exchange for the government purchasing toxic assets from them."

Wow; a compromise. somehow i think the game plan here is to simply loot the trillions and F%^ the equities
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