Slick Willie Calls For Broad Principal Mortgage Writedowns

Submitted by Tyler Durden
06/30/2011 16:39 -0400
142 comments

Bill Clinton, in what appears to be an attempt to succeed where the IEA failed so miserably to score some brownie points for the president, told Bloomberg's Al Hunt during an interview, that Bank of America Corp.’s accord with mortgage-bond investors may give more “underwaterâ€