The Board: Treasury Secretary Paulson: The Man Without a Pla

theboard.blogs.nytimes.com — “The most important thing we can do to mitigate foreclosures and progress though the housing correction is to reduce the cost of mortgage finance, so more families can afford to buy a home, and so homeowners can refinance into more affordable mortgages.” Thus spoke Treasury Secretary Henry M. Paulson, Jr. on December 1, 2008. No wonder [...]