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And suffer tremendously. no signs of action federal government on this issue and questions still remain as to what state attorney generals can do. reports this week that regulators are proposing a $30 billion fine against the big banks over their handling over the foreclosures, but no sign of actual modifications or reconciliation with principle write-downs that may be the only way to get out of this mess. if we let the banks off the hook with accounting modifications and bailouts, why is it that we're leaving the american homeowner stuck paying the bill for people who didn't have the money to...

These are the same companies a couple of months ago after the bill was passed that they will have to take the huge write downs. the cost to their businesses were going to be tense, millions of dollars. democrats in congress took issue with this. henry waxman announced he would hold hearings and call these companies to account. he ended up canceling those hearings, because he realized that what the companies were telling the american people were true. now the companies are saying this is going to cost us way too much to go down the road of coverage, it's actually going to cost us less to dump o...

They tweaked it a number of times, saying listen, we'll try to get you into 1 of 2 deals -- refinance your mortgage or modify the mortgage. they expected to be able to help a couple million people. it's been a very, very tiny fraction of that who have actually gotten help. a lot more needs to be done. >> like what? what can the government do to make this thing work again? 6% of the applicants get this done? >> right. think there are a number of things that can be done. doesn't all have to come from the government side. one is that banks can come to the table like some have done and start doing...

Preexisting condition. and then not have them raise insurance premium rates. i think you are going to see a ripple effect throughout the country as people get their health insurance bills. >> greta: i would expect that months from now are people already seeing a change? are people losing interest or disapproving more out of sort of a growing fear or they've suddenly taken a look at it? has there been any impact of the health care bill on people's lives? >> three things. first, you are beginning to see the rippling effect of these premium increases. some of the companies shedding jobs and doing...

If they come with a preexisting condition. and then not have them raise insurance premium rates. i think you are going to see a ripple effect throughout the country as people get their health insurance bills. >> greta: i would expect that months from now are people already seeing a change? are people losing interest or disapproving more out of sort of a growing fear or they've suddenly taken a look at it? has there been any impact of the health care bill on people's lives? >> three things. first, you are beginning to see the rippling effect of these premium increases. some of the companies she...