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About this iReport
  • Not vetted for CNN

  • Click to view Tbagpickens's profile
    Posted September 26, 2008 by
    Location
    Chicago, Illinois
    Assignment
    Assignment
    This iReport is part of an assignment:
    Yankee Stadium's last at bat

    Bail out

     

     

    The problem with Wall street is no income verification Home loans were put in bundles with good loans and sold in billion dollar bundles as Grade A paper.  Now Wall street doesn't know how much bad paper is out there.

     

     

    Part 10  The good news is that only bad loans show up on main street as foreclosures.  Commit to cleaning up the Foreclosures on Main street and the Wall Street problems  are over.  Get this to Washington and your airways and I will send you I'll send more stuff at 12:27 Chicago time.  Channel 2 and 7 in Chicago are starting to believe this will work. It really will.  Please pass along.  Call me and I will e-mail you the whole plan.

     

     

     

     

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