The Fed helping one multibillionaire lending firm to feast on the corpse of another while ordinary people struggling to own homes are being left out in the cold… is just plain evil.
The borrowers need to be bailed out.. they’ve been put between a rock and a hard place. The hard place being the economy and home loans being the rock. Millions of people are being and face being kicked out of their own homes.
The lending firms don’t need help and the predicament of the small number of people they employ pales in comparison to the loss occurring to the borrowers being hit with foreclosure.