well give them the 700 billion at 6% and jack it up to 29.9% after 3 years.
why not just give or loan the 700 billion to those unable to make the mortgage payments..
then they will be able to pay.. there will me no worry about foreclosures, hence no need to pay the insurance for the default swaps
confidence will be restored in the economy (and if you give it each american - thats appx 2340$ per citizen they should be able to pay it back)
instead of giving it to wall street which put itself in this mess with its complex pyramid scheme even the quants dont understand.