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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Augustus Gloop who wrote (8158)1/27/2009 8:51:20 AM
From: Stoctrash2 Recommendations  Read Replies (2) of 33421
 
<<What if the FED came up with a plan for a one time bailout in an effort to stave off an event?

Extend money to the banks at 3% to refinance existing mortgages. In turn the banks would be forced to refi ALL existing mortgages at say 4 - 4.5% fixed. >>

You just might see this happen....Got Crystal Balls?
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