Detailed text transcripts for TV channel - MSNBC - 20110217:21:06:00
Of this. whether it's the banks misrepresenting the value of their assets, we don't have to go through the different ways, but it's a long way of my setting up the following question. >> thank you for mentioning the accounting scandal at freddie mac because that also is part of the if you can claim you're making a profit on these bad loans, pretty soon, people don't look anymore. >> but you and i both know it's not just at freddie mac. you have every major bank in america pretending the home equity lines with worth 80 to 90 cents on the dollar and they're tearing that accounting representation...
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