Refinance Mortgage HQ » ppip program http://www.ccnation.com Information on Refinancing Mortgages Fri, 24 Jul 2009 23:02:16 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Treasury Will Match Up to $1.1 Billion to Spread Out the $40 Billion of Bad Mortgage Securities Debt http://www.ccnation.com/treasury-will-match-up-to-1-1-billion-to-spread-out-the-40-billion-of-bad-mortgage-securities-debt/ http://www.ccnation.com/treasury-will-match-up-to-1-1-billion-to-spread-out-the-40-billion-of-bad-mortgage-securities-debt/#comments Fri, 10 Jul 2009 05:22:49 +0000 admin http://www.ccnation.com/?p=180 Continue reading →]]> Fund managers put in $500 million, and can instantly double their money interest free to $1 billion to play the treasury market.  Really amazing game to play if you can raise that kind of cash. It is a win win situation for the fund managers who will be taking managing fee right off the top from taxpayer money just for matching the funds.

Unfortunately, if you are working class, you will not be able to participate in this game where the rich gets richer.

http://www.bloomberg.com/apps/news?pid=20601087&sid=agt0DDxEov6g

Government page with full details pertaining to the PPIP program.

http://www.financialstability.gov/roadtostability/publicprivatefund.html

]]> http://www.ccnation.com/treasury-will-match-up-to-1-1-billion-to-spread-out-the-40-billion-of-bad-mortgage-securities-debt/feed/ 0