JPMorgan’s Flanagan Proposes Subprime Borrower Bailout

02 Apr 2008

JPMorgan Securities’ global structured finance research head Chris Flanagan today suggested easing the credit crisis through a plan that calls for the government to help bail out subprime borrowers by paying for a chunk of their loans’ principal.

--Aaron Johnson

JPMorgan Securities’ global structured finance research head Chris Flanagan today suggested easing the credit crisis through a plan that calls for the government to help bail out subprime borrowers by paying for a chunk of their loans’ principal.

Speaking at the 2008 JPMorgan Securitized Products Research Conference ...

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