The Cure for the Underwater Mortgage Crisis

2:39 pm in Uncategorized by Dennis Trainor Jr

How far could $144 Billion go towards addressing some of the problems we address today? A report released this morning from The New Bottom Line entitled “Pulling Back the Curtain: Exposing the 1% Behind the 2011 Big Bank Bonuses suggests that with less than 1/2 of $144 Billion (the sum total of salary and bonuses paid out by the nations top 6 banks in 2011) could eliminate all underwater mortgages.