Detailed text transcripts for TV channel - MSNBC - 20120715:12:48:00
Their agents. how many of these low documentation loans were there? by 2006, it's roughly half of all the loans made in the united states. you're talking about millions of fraudulent loans and they drove the hyperinflation out of the bubble in the united states. >> we would have seen -- >> but, this question about, there's also the question about whether there's a lot of fraud in other places, as well. i don't want to necessarily -- i mean, having read into the spanish real estate bubble, which was massive and, in some some ways does look like ours, seems like possibly a tremendous amount of f...
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