Beir Stern News Today

In 1977 we had the community reinvestment act that mandated banks to provide mortgages to individuals who really could not afford these mortgages. then you had banks that were really gambling on the mortgages like beir stern and lehman who went under and they gambled and that was part of the mortgage crisis we experienced. >> i want to play you a sound byte. this is an excerpt of an interview that peter barnes from fox news channel did with elizabeth warren. it goes into what you were just talki...