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Can Derivatives Save Housing?

January 12th, 2009

He called the stock collapse of 2001 and he was ahead of the housing bubble too. So what does Robert Shiller think the housing market needs now?

Shiller, whose S&P Case/Shiller housing index is widely followed says he’s cautiously optimistic about the future. And he’s hopeful we’ll see some new and more innovative steps to make the financial markets work better.

Click here to watch the video on cnbc.com

Chris Uncategorized

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