Anonymous Sender wrote:
> "Although lenders and servicers have scaled up their efforts and
> adopted a wide stance of loss-mitigation techniques, more can, and
> should, be done," Bernanke told a meeting of the Independent
> Community Bankers of America.
>
Wide Stance, as in the toilet ( Senator "wide stance" Craig)
> "Principal reductions that restore some equity for the homeowner
> may be a relatively more effective means of avoiding delinquency
> and foreclosure."
>
>
I don't think he gives a rat' ass about the homeowner, it's all about
bailing out the banks......
