Milken: Subprime to Business, Please

Provocative and somewhat surreal musing from Michael Milken in a WSJ column today:

Consider how many more jobs small businesses would have created if they’d enjoyed the same terms we gave homeowners—easy access to 30-year, government-guaranteed loans at near-prime rates with no prepayment penalties.

More here.

Related posts:

  1. Cross-National Comparison of Mortgage Markets
  2. Paulson: Voluntary Subprime Deal by Next Week
  3. Subprime: 61 Economists Agree on Something!
  4. Subprime: No Farewell to ARMs
  5. FDIC Organizes LTCM-Style Meeting Over Subprime