How Can Subprime Be Contained When You Don’t Know Who’s a Subprime Borrower?
An article from the Online Journal quotes Henry Paulson:
Treasury Secretary Henry Paulson delivered an upbeat assessment of the slumping real estate market on Friday saying, “All the signs I look at” show “the housing market is at or near the bottom.”
Paulson added that the meltdown in subprime mortgages was not a “serious [...]