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The Housing Crisis Is Eating America's Economy

EPISODE · Feb 29, 2008 · 51 MIN

The Housing Crisis Is Eating America's Economy

from To the Point

Housing foreclosures are still on the rise, often because of cheap mortgages that are now worth more than the properties they were based on. Greedy banks are partly to blame, but so are home-buyers looking for increased values--guaranteed. Also, after eight days Turkey pulls out of Iraq, and the legacy of a murder victim in the Brazilian jungle.

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The Housing Crisis Is Eating America's Economy

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