Barbara Walters on 'Fifty Shades': 'Forget the Whips… It's a Love Story'

“Extra’s” AJ Calloway sat down with Barbara Walters in NYC to discuss her "Most Fascinating People of 2012" and the reasons why “Fifty Shades of Grey” author, E.L. James, made the list. 

Walters divulged, “Forget the handcuffs, forget the whips, it’s a love story, but you know what, the whips and handcuffs, they're a very small part of this book. It also raises the question about whether or not women like to be submissive.”

"The Most Fascinating People of 2012" will air Wednesday, December 12, at 9:30PM ET/6:30PM PT on ABC.