Breakingviews on Twitter
Search League Tables

Friday, 19 December 2014

Biggest winner in $25 bln mortgage deal is Obama

Theatrical release

While the settlement is progress, compared to the $700 bln U.S. homeowners are under water, it’s a mathematical drop in the bucket. And banks still look vulnerable to future mortgage-related lawsuits. The president at least gets bragging rights for getting a gnarly deal done.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)