Kass: Tonight's Special Is Grilled Greenspan
This column by Doug Kass was originally published on March 19 at 8:12 a.m. EST on Street Insight. It's being republished as a bonus for TheStreet.com and RealMoney.com readers. For more information about subscribing to Street Insight, please click here.
I will be attending a private meeting with the former Federal Reserve Chairman Alan Greenspan this evening in Palm Beach, Fla.
Over the last week I have asked Street Insight subscribers to email me questions that they would like to be presented to Greenspan -- and, as mentioned, I plan to pick out the two best, which I'll share with you at the end of this column. I have received more than 250 questions for Greenspan from subscribers. Here are some of the best:
1. What is the best way for the banking system to deal with the large numbers of families and individuals who can neither afford their ARM reset payments nor a refinanced fixed-rate mortgage payment in order to limit bank losses and overall economic weakness (i.e., voluntary foreclosure, forced foreclosure, voluntary forced quick sale for a loss, etc.)? ...
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