Bush weighs in on mortgage mess

(02:29) Report
Email Video | 
Share Video
 | Embed Video:
[-] Text [+]

Aug. 31 - President Bush and Fed Chief Ben Bernanke both say no bailout for speculators in housing while White House pushes plan to help some people keep homes.

At the White House, President George W. Bush adopted a tough love stance toward speculators and homeowners who over-reached during the housing boom.

Deborah Lutterbeck reports.