The President's Working Group on Financial Markets has blasted the mortgage industry for its role in the global credit crisis that began with sub-prime mortgages. Treasury Secretary Henry Paulson, who chairs the Group, wants home-buyer protections and new rules industry-wide. Peter Gosselin is national economics correspondent for the Los Angeles Times.
Paulson Wants to Rein in Mortgage Markets
Credits
Guest:
- Peter Gosselin - National Economics Correspondent, Los Angeles Times