Daily Archives: July 16, 2008

Foreclosures Halted by FDIC

Foreclosures Halted by FDIC

Photo courtesy of Creativecommons.org As the FDIC takes control of IndyMac bank after the third largest bank failure in History, the Wall Street Journal wrote an article in which they announced that they would be halting foreclosures . While I understand the political necessity of doing something perceived as positive by the public, and...

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