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There’s a new “Tricky Dick” in town…
December 16th, 2007 under Corruption, Credit, Economy, Government, Mortgage Blog, Uncategorized. [ Comments: none ]

So it was that Henry Paulson came up with an idea… the ‘teaser freezer‘ plan. The ARM teaser freezer is being sold to the public as a way to protect homeowners. But it has another purpose, says a reporter from the San Francisco Gate, to help save the banks from their own bad judgment. Read more…