Detailed text transcripts for TV channel - CNN - 20100201:18:29:00
Hurting housing market? >> well, to clarify, what i said is if people made purely rational financial calculations they would be walking away in groves. i don't say they should be. i say this is what americans would do. as to the concern about whether or not what happens if people walk away, as the a lot to ask your neighbor to stay in their underwater home and sought save for retirement or have money to send their child to college just because of some effect they might have on the overall market if they walk away. this is a real problem. it should be addressed. we can't prop up the markets on ...