Detailed text transcripts for TV channel - MSNBC - 20120404:15:29:00
Out. that money's never coming back. you put eight permits dent in the amount of money your saving for retirement. >> the practice of dipping into called a hardship loan. look at borrowing statistics there is the despaisparity seen based on race. why that is? >> well, there's several theories and the most obvious one that is the unemployment rate was higher for minorities during a recession than whites. when people are unemployed, looking at choice between re keeping a roof over your head or saving for retirements you're going to pay bills. minorities were hit harder by the subprime mortgage m...
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