FINALLY.. The Chron gets it right
The following article appeared on page C1 of the Chronicle today. It explains Treasury Secretary Paulson's recent actions regarding the subprime mortgages.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/12/09/IN5BTNJ2V.DTL
Now, can I talk about the Fed?
Phil