Detailed text transcripts for TV channel - MSNBC - 20120212:13:36:00
Basically about $20 billion of that $25 billion is going to be principal reduction. actual write-downs on thetle t value of the principal of the loan and principal reductions had -- lot of people had been calling for principal reductions from the beginning of the crisis as the key way of helping the deleveraging process of getting recovery in both -- human terms and getting people to be able to stay in their homes but also macro economically. so that part of it seems good. the question is, is it sufficient and you seem skeptical of the settlement. i want to hear your feelings about it. >> ther...