good idea. I like Baker's version, where the folks who tried to buy houses with subprime mortgages become renters instead, with government help.
Julio Huato wrote: <snip> > According to a 2007 study by the Chicago Fed authored by S. Agarwal > and C.T. Ho, the estimated face value of outstanding subprime loans in > 2007 was $1.5 trillion. (I've seen other estimates at around $1.3 > million, but let's not quibble with details.) a trillion here, a million there: that's quibbling about details. (you meant "trillion" for the "million" in the last line, right?) -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
