Hope you don’t mind the spate of posts with my various media appearances on the mortgage settlement. This was my first time on Democracy Now and they do do their homework. A producer ran out to me when I was on deck to ask if the total deal was $25 or $26 billion. I said all the Administration messaging was $26 billion, but the numbers seemed to add up to more like $25 billion, so they must be rounding up on the subtotals. He came back and said they couldn’t make it add up to $26 billion and so would report it as $25 billion.
Here’s the segment: