photo by edbrambley
Quote for the day:
There are three kinds of lies: lies, damned lies, and statistics.
In the news:
Warren Buffett and Berkshire Hathaway offer to assume responsibility for $800 billion of municipal bonds guaranteed by MBIA Inc., Ambac Financial Group Inc. and FGIC Corp. One company already turned the proposal down.
6 major lenders will participate in a plan called Project Lifeline, which is to be announced Tuesday by the Treasury Department and the HUD. The plan will allow seriously overdue homeowners to suspend foreclosures for 30 days while lenders try to work out more affordable loans. Sphere: Related Content
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