February 24, 2009
...Today's topic: In President Obama's plan, taxpayers would pay loan-serving companies, lenders and troubled homeowners billions of dollars to keep those homeowners out of foreclosure. Why should taxpayers--particularly those from parts of the country that aren't inundated with defaulting mortgages--shoulder some of the losses generated by bad loans? Richard K. Green and Christopher Thornberg debate the president's foreclosure- prevention plan...