Thread: The BIG Bailout
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Old 2008-09-29, 02:26 PM   #29
Mr. Blue
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Join Date: Jan 2005
Location: Long Island, NY
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Quote:
Originally Posted by Useless Warrior View Post
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.
Also a good dose of American's getting scared and putting their money in their mattress...that's the basics.
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