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Schumer calls for subprime bailout
CNN Money & Yahoo ^
| April 11, 2007
Posted on 04/11/2007 1:55:10 PM PDT by stainlessbanner
Edited on 04/11/2007 2:03:12 PM PDT by Admin Moderator.
[history]
The federal government should offer troubled borrowers hundreds of millions of dollars to bail them out of subprime mortgage loans, several leading Democratic lawmakers said on Wednesday.
"The federal government can send in an infusion of [money] to prevent foreclosure," said Charles Schumer, a New York Democrat.
(Excerpt) Read more at biz.yahoo.com ...
TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: housingbubble; realestate; schmuckie; schumer; subprime
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To: y'all
CHARLES E. SCHUMER (D-NY) Top Contributors
1 |
Goldman Sachs |
$270,090 |
2 |
Citigroup Inc |
$241,100 |
3 |
Morgan Stanley |
$194,000 |
4 |
Credit Suisse First Boston |
$154,794 |
5 |
Merrill Lynch |
$147,000 |
6 |
Bear Stearns |
$140,900 |
7 |
UBS Americas |
$139,750 |
8 |
JP Morgan Chase & Co |
$139,550 |
9 |
Lehman Brothers |
$115,000 |
10 |
Metropolitan Life Insurance |
$111,500 |
11 |
Ernst & Young |
$108,800 |
12 |
Kasowitz, Benson et al |
$100,250 |
13 |
Deloitte Touche Tohmatsu |
$97,749 |
14 |
KPMG LLP |
$82,948 |
15 |
Paul, Weiss et al |
$77,000 |
16 |
Viacom Inc |
$74,700 |
17 |
New York Life Insurance |
$73,000 |
18 |
Bank of America |
$71,600 |
19 |
Neuberger & Berman |
$71,500 |
20 |
Sullivan & Cromwell |
$66,500 |
http://www.opensecrets.org/politicians/contrib.asp?cycle=2004&CID=N00001093 |
To: stainlessbanner
RATS buying more votes with your tax dollars.
62
posted on
04/13/2007 9:18:28 PM PDT
by
Rockitz
(This isn't rocket science- Follow the money and you'll find the truth.)
To: Txsleuth
OVER MY DEAD CHECKBOOK!LOL Gotta admit, that was funny
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