NBC Evening News for Saturday, Jan 12, 2008
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(New York: Pat Dawson) The impact of the housing crisis on the big cities examined; scenes shown from Cleveland, Ohio, of a neighborhood of boarded up houses due to the mortgage meltdown; details given of the resulting lawsuits filed by Cleveland and Baltimore against the mortgage givers. [Resident Richard TERSIG- says it is not good here.] [Cleveland Mayor Frank JACKSON- comments.] [Mortgage Bankers Assn. Steve O'CONNOR- comments on the litigation and the shared responsibility.]
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