CNBC

California to use 'eminent domain' to stop foreclosures: NYT

  • Aired: 8/30/2013
    • Length:
    • Plays: ???
Synopsis >

'That seems to me to violate the Constitution,' said Judd Gregg, SIFMA CEO, discussing the 'Golden State's' plans to become the first nation to use 'eminent domain' as a way to stop foreclosures.

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