Fred Malic News Today

Problem we had is that there was too much oversite in regulation of wall street? >> gretchen: now that were hearing that two more firms may be designated as too big to fail s more government regulation really the way to prevent another crisis? our political panel is back, erin task, sheila bair and fred malic. all right. i want to start with sheila again only because you were part of writing dodd frank with the treasury secretary, tim geithner. what did you argue for and what did he want? >> we ...

Tax cut. when you add up all the loopholes and deductions that upper income individuals are currently taking advantage of, you take those all away, you dont come close to paying for 5 trillion dollars in tax cuts. >> virtually everything you said about my tax plan is inaccurate. so if the tax plan he described were a tax plan i was asked to support, id say absolutely not. im not looking for a $5 trillion tax cut. what ive said is i wont put in place a tax cut that adds to the deficit. >> gretche...

That shows us you can be resolved in bankruptcy without hurting the broader economy. if they cant make that determination, then they can be broken up by the regulators. so there is a specific ban on bailouts in whats called title 2 of dodd frank. we worked very hard on that. >> gretchen: tim geithner wanted more bailout flexibility. erin, you dont buy this? >> i dont. i have tremendous respect for what she did. all of us as taxpayers owe her a debt of gratitude, but i dont believe there is going...

Hiring is moving in the wrong direction, and were to blame. because the economys not growing. >> joining me now is republican strategist fred malic, a strong romney supporter. good to see you. thank you so much. when we talk about what he wants in a vice president, first of all, there is reporting today in politico and elsewhere that maybe people inside the campaign are thinking about going early, rather than waiting traditionally to just before the convention. what are the pluses and minuses of...