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Today's Reviews - Nov 22, 2008
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...
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