In part one of this series, I explained why I think the Obama Administration will soon run out of TARP money and need to ask Congress for more.
President Bush gave a major policy address on the State Floor of the White House this evening.
THE WHITE HOUSE
State Floor
9:01 P.M. EDT
Here’s what President Bush said at 10:45 AM today in the Rose Garden.
This is really important.
Good morning. I thank Treasury Secretary Hank Paulson, Federal Reserve Chairman Ben…
In the Rose Garden last Friday, the President proposed policy changes to address problems in the subprime mortgage market. Here are his remarks and a fact sheet. I’m going to do this in three parts: (1) give a few definitions for those who are new to the housing finance world; (2) define the…
