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but that s a debate for another day. to put that in perspective, the joblessness, that is, last month, we added 65,000 jobs. the bad news is that american companies are neither investing nor invating. they are sending money to washington, d.c., getting long china, using robots, you name it. anything that requires something that s much less work and an easier way to make money. a new report shows just 9%, 9% of employers say they have committed to invating in the way they do business. chances are, they found an easier way of doing business. mike mandell, former chief economist at business week. talk to me about what you see as the barrier. obviously, i express my opinions
the banks and government or between the bankers and the pension funds they sold those loans to as well. we need to know what percentage is plaque in our economic arteries. all we know now is we have a heck of a lot in the way of symptoms and a lot of folks refuse to go to the doctor to find out how bad it is. joining us now, harvard law professor and zach goldbar. also, quite curious to note how bad this illness is. professor porter, i ll begin with you. what is the barrier to get ago real answer as to what percentage of the lending is based on fraud or malpractice and what is not? it would require a level of investigation we have not seen before. it would be quite hard at this point because many of these loans in foreclosure were made four, five, six seven years ago and as we know, the banks and servicers did a poor job of hanging on to the paper work did a poor job of hanging on to these loans, so doing the autopsy is going to be challenging. at the same time, consideri