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Investment Sector: Equities
Submitted 4 months ago by Sansh contact me
Ben Bernanke announced on 5th of May in New York (http://www.federalreserve.gov/newsevents/speech/Bernanke20080505a.htm) that in order to reduce the number of foreclosures, he would encourage banks to reduce the principal amount from the under-performing mortgages or which are behind payments.In a way this was already happening in two ways:Hedge... More...

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