Barofsky on the Mortgage Settlement: Don’t Believe the Hype
BARFOSKY ON MORTGAGE SETTLEMENT.
Former SIGTARP Neil Barofsky tells Bloomberg TV that the notion of banks getting credit for forgiving deficiency judgments would be comical if it wasn’t so tragic. Matthew Stoller asserts that the settlement marks a change to America’s system of property rights based on political power.
For the full video, please following the link: http://www.youtube.com/watch?v=24i-luznGZs&feature=youtu.be