http://www.nytimes.com/2008/10/24/business/24modify.html?_r=1&scp=1&sq=HEDGE%20FUND%20MORTGAGE&st=cse&oref=slogin
Hedge funds are saying that the goverments plan to adjust mortages is not lawful cause it would cause the secuirties that are back by them to fall in value. Not to mention the fact that you are allowing the goverment to adjust a contract after it was accepted by both parties.
Monday, October 27, 2008
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