Page 585 - Abuses News Today

Are saying is president obama got millions of dollars from goldman sachs. republicans got a lot of money from goldman as well. heres my concern about bashing wall street. there were a lot of abuses no question about it. some of the e-mails from goldman sachs really smell terrible. we want to make sure we dont destroy wall street. the idea that everybody is getting rich on wall street everybody is laid off on wall street. >> dont you think that now questioning what the sec did and whether or not ...

Agencies will do any better than the other regulatory agencies that missed all of this? >> well, candy, first of all, those people should be fired if thats what they were doing, number one. number two is we need a cop who is on the beat, not asleep at the switch. ive said that at banking hearings time and time again for over the past year and pushed the new chair lady to move much more aggressively and weve seen that aggressive action in the recent goldman case that was brought, which i think is...

Now they couldnt have been nicer about it and they were very sympathetic, but their answer was a firm, no. >> the utter contempt wall streets giant feel for the feeble attempts by washington to regulate the worst of their abuses has led a majority of people generally to favor financial reform. 60 percent to 29 percent according to one poll. the intentionally confusing partisan debate has split voters 39 percent to 39 percent on whether the democrats plan is the best approach. its chance of succe...

Now they couldnt have been nicer about it and they were very sympathetic, but their answer was a firm, no. >> the utter contempt wall streets giant feel for the feeble attempts by washington to regulate the worst of their abuses has led a majority of people generally to favor financial reform. 60 percent to 29 percent according to one poll. the intentionally confusing partisan debate has split voters 39 percent to 39 percent on whether the democrats plan is the best approach. its chance of succe...

Are saying is president obama got millions of dollars from goldman sachs. republicans got a lot of money from goldman as well. heres my concern about bashing wall street. there were a lot of abuses no question about it. some of the e-mails from goldman sachs really smell terrible. we want to make sure we dont destroy wall street. the idea that everybody is getting rich on wall street everybody is laid off on wall street. >> dont you think that now questioning what the sec did and whether or not ...

Talking to the police chiefs in arizona who are going to be forced to make these calls, theyre really uncomfortable with this. theres basic questions that havent been answered. how do you define someone who is said to be sus spethed of being in this country illegally? does that include someone who happens to be speaking spanish, the british student who over stayed their visa, the irish pub worker here on a tourist visa? >> but the argument, evan frrks the governor is, look, youll be in a situati...

Proposing new regulatory agencies. so where does your faith come from that two new regulatory agencies will do any better than the regulatory agencies that missed all of this? >> well, candy, first of all, those people should be fired if thats what they were doing, number one. number two is we need a cop who is on the beat, not asleep at the switch. ive said that at banking hearings time and time again for over the past year and pushed the new chair lady to move much more aggressively and weve s...

You all are proposing, new regulatory agency. where does your faith come from that two new regulatory agencies are going to do any better than the other regulatory agencies that missed all of this? >> well, candy, first of all, those people should be fired if thats what they were doing, number one. number two, we need a cop who is on the beat, not asleep at the switch. i have said that at banking hearings time and time again for over the past year and pushed the new chair lady to move much more ...

David is right that this is going to create a real problem. if you look at whats going on in arizona and spent time to talking to the police chiefs in arizona who are going to be forced to make these calls, theyre really uncomfortable with this. theres basic questions that havent been answered. how do you define someone who is said to be suspected of being in this country illegally? does that include someone who happens to be speaking spanish, the british student who over stayed their visa, the ...

Chronicle." well count on you again. tom fowler joining us there. all right, preventing another melt down is what president obama is pushing for, tougher rules to govern wall street. would they prevent the extreme abuses weve seen in the past? christine romans is standing by. started her career as something called a derivatives reporter. this is a story made for her. shes standing by. were going to talking about how it afts you and your money when we come back.