The Resolution Trust Corp and Bailout and How It Can/Should Apply To Cleveland
By Carole Cohen, Realtor, ePRO
(Howard Hanna Cleveland City Office)
I'm pretty much just going to post this as Bill Callahan and Frank Ford wrote it. Just a few extra thoughts before I do. The key point to me is that no matter how angry it makes me or all of us, clearly we need to do this. But what we need to do in a quick, band-aid fashion, is a bailout. What should take longer, in my opinion, is the actual restructuring that may occur. We need to make sure that all the necessary checks and balances are in place, that any regulatory changes put into place make sense for the long term. And as Bill and Frank are pointing out, that they make sense for those of us in our communities. I'm posting this on Active Rain instead of my outside blog because the points they raise are thoughtful, deserve discussion, and might spark some ideas for your own communi...
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