'Marketplace' Report: Principal ReductionsCould principal reductions on home loans save the day? Federal Reserve Chairman Ben Bernanke seems to think so. We examine how the proposed plan could help the housing crisis.
Federal Reserve Chairman Ben Bernanke suggested Tuesday that principal reductions on home loans would help curb the current housing crisis. Madeleine Brand talks to Nancy Marshall-Genzer about why Bernanke would take this step and who would oppose it.