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April 20, 2010
>> some democrats have seized on the news that goldman sachs fraud case as sort of a momentum builder from financial regulatory reform. in fact, senator dodd yesterday made the argument that his financial regulatory reform bill would have stopped what happened at goldman sachs had those new rules been in place. do you agree with that assessment? >> no, not quite. i think his bill is moving in the right direction but hes taking very small steps in part because the financial sector lobby is far to...
April 20, 2010
Get a recovery. thats because three so massive and dangerous. if they were smaller you could pursue them on a legal front as well as letting them fail. that second volcker rule that, sensible principle is missing in the dodd bill. >> politically not sure if the democrats in this obama adminstration can do that. i want to go on to another question about goldman itself. these charges brought by the u.s. s.e.c. we already know about great britain. weve got germany that may go after them. we know wh...