Detailed text transcripts for TV channel - FOXNEWS - 20120209:19:06:00
To us do more to help them get back on their feet. megyn: joining me now the author of way too big to fail. bill, thank you for being here. what really is going on? the banks messed up a bunch of foreclosures because they had the foreclosure documents auto signed. they eached a settlement. who gets and who pays for it. >> the banks are not paying the $25 billion. it looks like they are paying $5 billion to $7 billion. the rest of the money is coming from the owners of those mortgage bank securities or those mort gauges or home loans. that's generally america's pension funds and 401ks and the l...