The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (192662)	3/23/2009 9:53:42 PM
From: Les H	Read Replies (1) of 306849

Bill Seidman, a former regulator who ran the government bailout during the savings and loan crisis, said Congress' perceived anti-Wall Street sentiment will "almost certainly keep some investors out" of the plan. Investors "are going to want assurances" that their money will be safe, Seidman said. Ludwig, now chief executive of Promontory Financial Group, noted that the $700 billion bailout fund is mostly exhausted, meaning that the Treasury and Federal Reserve must make best use of the remaining money and whatever private money they attract. news.yahoo.com

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