JPMorgan’s Flanagan Proposes Subprime Borrower Bailout
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 ...Already a subscriber? Login