Many people are both alarmed and confused by what they’ve heard about the “$700 billion bailout. They’re worried about their savings, their jobs and their homes. This audio provides an understandable analysis on how the bailout bill impacts you, and offers “to do” or “not to do” steps for you to follow. It is a must have for all investors. Best-selling author Paul Muolo has been reporting and writing on the mortgage crisis for some two decades and brings his seasoned and skeptical approach to his work. He has access to the key players in the banking, mortgage and Washington world, often breaking “scoops” before other journalists.
Here, Muolo offers an unbiased view on how Wall Street got mixed up in the world of mortgages, and unravels what was going on behindthe scenes in the housing and mortgage industry for much of the past decade.
In his analysis of the controversial Emergency Economic Stabilization Act, Muolo explains in easy to understand language what the bailout bill means for individuals and answers such questions as:
Muolo shows both the challenges and opportunities of the credit crisis and proposed bailout, including its impact on: