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Santelli: The Cost of Money Back Guarantees
CNBC's Rick Santelli talks with Robert Shapiro, Sonecon co-founder and chairman, about the guarantee loan program and why banks don't need it. "It increases moral hazard," adds Shapiro.
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Santelli: The Cost of Money Back Guarantees
CNBC's Rick Santelli talks with Robert Shapiro, Sonecon co-founder and chairman, about the guarantee loan program and why banks don't need it. "It increases moral hazard," adds Shapiro.
Date: 12/13/12
Views: 72
Video by:  CNBC
 
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