Detailed text transcripts for TV channel - MSNBC - 20100722:20:10:00
Write down or how much would be necessary. >> what if the problem is the houses are at the wrong price. we were lending must be we didnt have. and the the price is wrong. >> but the phrase is a peculiar phrase. because there is no real definition of a strategic default. the guy who lost their job and understoodmently cant pay. thats not a strategic defeaaul. the guy who can pay, but the house is worth less -- that is a true strategic default. that becomes more difficult to justify or support for...
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