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Home Mortgage Meltdown, Credit Crunch

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Uploaded by on Aug 11, 2007

Federal Reserve injected $38 billion into credit markets on August 10, 2007 to ease panic in a jumpy week on Wall Street.

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News & Politics

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  • thehelpfund.blogspot

  • Good post, check out the-crunch com for more credit crunch and house price news. Also forums and more related videos.

  • gambling is fools game.

  • its all a big poker game some you win some you lose

  • can't afford it - losing value - a loss...sad

  • Yes he is, but at least he has some skin in the game since he said he's putting 20% down. He'll lose all that equity pretty quickly though since prices in that area need to (AND WILL) fall 50%.

    The misconception that it's now a "good time to buy" is total hogwash. This decline has only just started......

  • Yes! And it's necessary!

  • another wall st crash coming? (hope not)

  • the man buying a home he cant afford is a fool

  • that man buying a home is a fool

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