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Santelli: The Cost of Money Back Guarantees

Thu 13 Dec 12 | 11:42 AM ET
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Santelli: The Cost of Money Back Guarantees

Thu 13 Dec 12 | 11:42 AM ET
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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