Seeking (Fore)closure 0
Yesterday, I listened to a Diane Rehm show on “The Foreclosure Crisis.” Guests included
- Tom Deutsch, deputy executive director, American Securitization Forum.
- Greg Ip, U.S. economics editor, The Economist, and author of “The Little Book of Economics: How the Economy Works in the Real World.”
- Kathleen Day, spokeswoman, Center for Responsible Lending; ethics teacher at Georgetown University’s graduate program in real estate studies.
Mr. Deutsch demonstrated, in his attempts to defend the banksters, an ability to teach tap dancing to Sammy Davis, Jr., and a superlative skill at dodgeball.
Follow the link to listen to the show.
If you listen to nothing else, fast forward to the 27:21 mark and consider Mr. Deutsch’s attempts to justify the treatment the caller received from the holder of her mortgage.