Alan Grayson
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Alan Grayson: A $200K Mortgage for $2 a Month

Alan’s recent article excerpts: If you do that math, you'll see that when the Fed gave Citigroup the money for a $200,000 mortgage, at 0.01 percent, Citigroup had to pay less than $2 each month for that money. Citigroup then lent that money to you -- if it deigned to lend you anything -- for maybe $1,000 a month, maybe more. and Citigroup fell into such a deep hole that it had to borrow a "
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