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Detailed text transcripts for TV channel - CNN - 20110124:09:07:00

Financial crisis >> were not less capable as a people as a nation. we had a shock to -- we made a bad mistake thinking housing was worth more than it was. >> reporter: the housing crisis limited peoples ability to find work. >> if you have an underwater mortgage its difficult to sell a house period in this economy. if you want to get a promotion, start a new year and house is 30% underwater your options are much more limited. >> reporter: economists in this camp insist as the economy heals and d...
Eurozone Debt Crisis Thinking Housing Housing Crisis Underwater Mortgage House Of Representatives Jeff Bodkin

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