Thursday, July 1st, 2010

How can we unfreeze the credit markets without buying these mortgage securities from the banks?

Credit Markets
Vote Barr! asked:


Over the last three weeks the average debt raised for healthcare companies has been ZERO dollars! Down from an average of 7 billion dollars!!!! When no new medicines or medical care can be provided cause these companies have no funding to run will you agree with a “bailout” then?

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This entry was posted on Thursday, July 1st, 2010 at 12:00 am and is filed under Credit Limits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “How can we unfreeze the credit markets without buying these mortgage securities from the banks?”

Spock (rhp) Says:
July 1st, 2010 at 6:29 am

propose something instead of running around in circles sreaming about the sky falling.

I did — here it is:

Drill Sergeant CMA Says:
July 2nd, 2010 at 3:48 pm

Force the banks in charge of the subprime mortgages to re-negotiate the adjustable rate mortgages. This would slow the decline down a lot. Also, would make mortgage backed securities more stable.

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