The BIG Bailout

[tickler]

Originally Posted by Useless Warrior

The only thing I've heard so far is that it would be really difficult to get a mortgage. Well, my mortgage is held by one of the strong banks that is actually buying the failing banks and I have no immediate plans to sell my home, so, well, yeah. It's all about the banks' ability/willingness to extend credit.

Hmmm, a lot of companies use their line of credit to do payrolls, buy raw materials, etc.