Perhaps "voluntary" here refers to the fact that it only applies to financial institutions that participate in the bailout. So it's voluntary, because if they don't want to participate in the moratorium, they don't have to participate in the bailout.
"Enact a 90-day foreclosure moratorium for financial institutions that participate in the congressional bailout plan." On Mon, Oct 13, 2008 at 5:00 PM, Jim Devine <[EMAIL PROTECTED]> wrote: > mike wrote: >> what exactly is a "voluntary moratorium on home foreclosures"? A bank can >> voluntarily choose to ignore the moratorium? > > just as banks so often voluntarily decide not to maximize profits. > > -- > 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 > -- Robert Naiman Just Foreign Policy www.justforeignpolicy.org [EMAIL PROTECTED] Ambassador Pickering on Iran Talks and Multinational Enrichment http://youtube.com/watch?v=kGZFrFxVg8A _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
