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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: Bert9/26/2008 2:48:28 PM
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"Jerry Howard, CEO of the National Association of Home Builders, said the Wall Street bailout is crucial, even though he doesn't believe it will solve the credit crunch that was hitting his members before the crisis started.

For this reason, Howard said as soon as Congress returns to work from its upcoming recess, his trade group will be asking for another package of between $40 billion and $90 billion directed towards the housing market."

money.cnn.com
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