Pachter: Console price cuts 'imminent'

Video: 'Buried In The Archives,' The Original Town-Hall Battle
Washington Unplugged examines a report from 1989 in which Former Illinois Congressman Dan Rostenkowski is booed and even chased at a town-hall event in our new series, 'Buried In The Archives.'
Pachter: Console price cuts 'imminent'
Wedbush Morgan analyst Michael Pachter has predicted the 'imminent' implementation of console price cuts. According to Pachter, manufacturers made a strategic error by maintaining current price points for 'too long.'