Detailed text transcripts for TV channel - MSNBC - 20100422:19:10:00
Financial markets. we had a redistribution of assets and the system came right back. this time when we put in t.a.r.p. and the stimulus packages and all of these bailouts, what happened is the system then compounded on itself and became a depression. and thats what i think caused it in my view. >> the one distinction between 2000 and now is in 2000 the commodity futures modernization act had not been passed, glass/steagall had not had time to be repealed and banked and there wasnt a $600 trillio...
There Wasn T Commodity Futures Modernization Act 00 Trillion 600 Trillion Goldman Sachs Jp Morgan Goes
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