from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Plural form of foreclosee.
Sorry, no etymologies found.
If I could summarize, the argument appears to be this: some guy 118 years ago said your home is part of your self and that proves that owning a home gives you solidarity with your country, so we should bail out the foreclosees before they become unpatriotic.
Chris suggested organizing an info session between the foreclosers and the foreclosees, and his naysaying colleagues said "you'll never be able to do it," bet him a cup of coffee he couldn't, and ordered more shots.
The foreclosees lost their homes because they didn't have any money.
I expect there will be a lot of reticence on the part of the foreclosees to keep it quiet.
We try to put faces onto the various players - foreclosees, short-sellers, Chris Dodd, but the threat nature of what they are doing is hard to picture.