Bush to outline subprime initiative (Reuters)

anchorman wrote this mid-morning:

U.S. President George W. Bush speaks at the 89th Annual American Legion Convention in Reno, Nevada, August 28, 2007. Bush will outline reforms on Friday intended to help homeowners with subprime mortgages avoid default, a senior U.S. administration official said on Thursday. (Jim Young/Reuters)Reuters - President George W. Bush will
propose reforms on Friday intended to help homeowners with
subprime mortgages avoid default, his first public step to
address a crisis that has created turmoil in financial markets
around the world.


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