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CNN Wolf July 23, 2015 17:33:00 - Vimarsana News

CNN Wolf July 23, 2015 17:33:00

I think it's important that we review everything including the ability to give people these balloon loans where they don't play any principal up front. there are things that can be put in place. we don't want to strangle the regional banks, the local banks who have to work with you and me in order to be successful. but the lehman brothers experience taught me an awful lot about how ceos and job creators think, and i put it to work. and i'm sure glad i was there. >> i think i hear the police are about to arrest tom weaver. >> get weaver. you know he's hanging here on the porch. what are you ask...

Detailed text transcripts for TV channel - FOXNEWS - 20120708:11:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120708:11:18:00

Right, let's let the market shake itself out. let the homes foreclose and shouldn't have had them and balloon loans and 100% fansing and try to keep those individuals in the home at a reduced rate. what does it do to the neighborhood. suddenly the homes are reduced and people are losing the home value and losing their equity. what do you say to all of that? >> well, again, i don't think this is going to happen anytime soon so it's not a solution that makes sense. it's going to make problems worse, because it's going to hold out the illusion that something's going to happen, but it's not going ...