View single post by Joe Kelley
 Posted: Fri Aug 27th, 2010 11:47 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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 http://www.alternet.org/economy/147955/treasury_makes_shocking_admission:_program_for_struggling_homeowners_just_a_ploy_to_enrich_big_banks/?page=entire

 




Treasury Makes Shocking Admission: Program for Struggling Homeowners Just a Ploy to Enrich Big Banks
The Treasury Dept.'s mortgage relief program isn't just failing, it's actively funneling money from homeowners to bankers, and Treasury likes it that way.