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Detailed text transcripts for TV channel - MSNBC - 20120613:20:48:00

Talking about through the show today. and what do you believe is the critical shift? you agree with john taft here from rbc which is the -- client first mentality. is the hippocratic oath of the banks ceo ask thats lost is that fair? >> i absolutely agree with that. you can see in wamus story they were known as the friend of the family. and then they grew into this huge fngal -- financial behemoth. they slowly became more distant from their customer as they grew bigger and gained more market sha...
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Detailed text transcripts for TV channel - MSNBC - 20120111:21:45:00

Moment on tv. each has figured out how do you use leverage, how do you organize if a way to eliminate competition. because the mob was at its most powerful when it become a monopolist. conflicts of interest, they squeeze all the money out. even though it doesnt as you just said doesnt serve their krint or the public at large. parallels there that really should be developed. >> obviously as long as you and i keep showing up to work, we can extend that conversation. >> thats right. >> i want to re...
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