| Bernanke says .. |
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| Written by Peter Almberg | |
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..new mortgage products could help. There is always a problem when losses should be distributed or its nearly always easier to share a profit. Isn´t it ? One alternative could be that the ownership is transferred and a normal rent is payed for a year or two by the ex-owner with an option attached to re-purchase the "house". That could also be done with portfolios of contracts. If the rent and exercise price is calculated a way where everybody is a loser it could work. Some times the best deal done is the one that is second worst. |
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| Last Updated ( Sunday, 06 July 2008 ) |
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