Turnaround Guru Calls for More Help for Mortgage Owners

John Bogle (“Help for Mortgage Holders Is What We Need”) isn’t the only influential voice saying that the government needs to focus more on mortgage owners if it wants to restore order to the economy. In Fortune’s 2009 investment preview, Wilbur Ross says that “homeowners have now lost $5 trillion, and 12 million families have mortgages in excess of the value of their homes. Therefore the economy will not stabilize until mortgages are adjusted down… Read More