Credit crunch: crisis or crock?

Are politicians who call for borrower assistance badly misreading public opinion? Was the Federal Reserve right to bail out investment giant Bear Stearns? Does credit-card debt stand to experience a meltdown similar to sub-prime mortgages? All week, the Center for Responsible Lending's Paul Leonard debates the severity of the credit crunch with Beacon Economics founder Christopher Thornberg.

March 28, 2008

Dust-Up

Wall Street bailout?

Thornberg and Green conclude this week's Dust-Up with a debate on the recent Bear Stearns deal. Previously, they discussed the public's reluctance to support federal assistance to borrowers, payday lender regulation and to what extent the government should facilitate loan modifications to prevent foreclosures.

March 27, 2008

DUST-UP

Relief or a raw deal?

Today, Leonard and Thornberg debate the extent to which the government should facilitate loan modifications to prevent foreclosures. Previously, they discussed the public's reluctance to support federal assistance for troubled borrowers and regulating payday lenders.

March 25, 2008

DUST-UP

Payday scammers or saviors?

In the second installment of this week's Dust-Up, Thornberg and Leonard debate regulation of payday lenders. Previously, they discussed the public's reluctance to support federal assistance to troubled borrowers. Later in the week, they'll discuss the Bear Stearns deal and whether lenders should be required to renegotiate mortgages with borrowers who are in default.

March 24, 2008

DUST-UP

Do we even want assistance?

Today, Leonard and Thornberg discuss the public's reluctance to support government assistance for troubled borrowers. Later in the week, they'll debate pay-day lending regulations, the Bear Stearns deal and more.