Arianna and John Geanakoplos Discuss Foreclosures on Squawk Box

05/01/2009 05:12 am ET | Updated May 25, 2011

Yale economics professor John Geanakoplos stopped by Squawk Box to talk about foreclosures with Arianna, Becky Quick, Carl Quintanilla and Joe Kernen. Watch below to see why Geanakoplos thinks the Obama administration's plan to prevent foreclosures will be ineffective.