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Detailed text transcripts for TV channel - CNN - 20100422:16:29:00

deals known as derivatives. derivatives. i can t even spell that word. national political correspondent jessica yellin has done a terrific job explaining derivatives. thank you. she is joining us now for a look at how they would be effected. walk us through this. it s not as complicated as it would at first seem. i promise. one of the many different tools in the bill to change the way the financial world works but it s a biggie. so in a nut shell, derivatives, tony, they re high-risk bets where some finance guys bet on whether you and i will pay our mortgages or if prices will go up or down. now, most of these bets right now are placed in private. sort of between the investor and the bank the president was talking about that. some companies, most famously aig, they tons of these bets. when they went south they didn t have the money to cover their debt. because of all this was done in private the government and investors were totally in the dark and they didn t know, for

Jessica yellinNational political correspondentNut shellPresident obamaFinance guys

Detailed text transcripts for TV channel - CNN - 20100421:16:06:00

problem you take out an insurance policy. if your green beans go bad, your insurance pays up and cover your costs. if the beans go to market, the bank pays you nothing and that insurance policy is a derivative. basically, it s a bet on your green beans. now, creative finance executives said, why stop at green beans. let s do the same thing for other products. oil, gold, even mortgages. you can buy this type of insurance protection for just about any product. okay. so here is what made them so popular. the finance guys saw in all of this a new way to make money and they said, you don t have to own the green beans to bet on them. so i can bet the bank that your crop price will go up. if it does, i make money. if it doesn t, i lose money. in a way, it s like gambling on other people s business. that s the derivatives market in a nut shell. so what is congress trying to do to change things? well, right now most of these deals are done privately in

Insurance policyGreen beansCreative finance executivesCrop priceDerivatives marketIt doesn tNut shell

Detailed text transcripts for TV channel - FOXNEWS - 20100329:21:02:00

Detailed text transcripts for TV channel - FOXNEWS - 20100329:21:02:00
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Detailed text transcripts for TV channel - CNN - 20100318:17:32:00

focus on getting credit out to small businesses and individuals. people who won t to study to get a better chance at a job. that s what washington has done. let s discuss what washington needs to do. a lot of people say it s this. that is our creative way of saying a tax cut, tax break. that s the word tax and it s broken. $13 billion in tax breaks. that s half of the way there. and number two, creating and investing in infrastructure. those are some of the stimulus projects. things that will actually create jobs and industries for the future. so that is the jobs bill in a nut shell. and that s one the president obama has signed into law today. robert gibbs, the press secretary, just saying on tv it s not all that needs to be done on the jobs front but it is some of it. okay. that s number one. that s number one focus today. the jobs bill. that was passed yesterday. signed into law today. the other focus, ha health care. health care reformat least now appears to be financially sound,

Lets talk about what washingtonWon tTax breaksTax cutTax breakStimulus projects3 billion13 billionRobert gibbsJobs billPresident obamaLaw todayNut shellHa health careHealth care reformatNumber one

Detailed text transcripts for TV channel - FOXNEWS - 20100227:12:34:00

as republicans duke it out. joining us from washington is caroline. no bipartisan from this? the two addresses are the two party s health care philosophies in a nut shell. democrats want it now and republican want incremental approach. president obama hinted he would have democrats go it alone. we got hints of that in the morning s radio address as well republicans like parts of the plan including preyisting condition people beeing insurance. but don t like the man date of everyone getting covered. president obama will include newed whys in the proposal. yesterday the white house contacted cobrin. he said even if they use the idea it is still a government take over.

His carolineHealth care philosophiesPresident obamaNut shellPeople beeingDon tRadio addressWhite houseNewed whys