Detailed text transcripts for TV channel - CNN - 20100206:01

Detailed text transcripts for TV channel - CNN - 20100206:01:48:00

and so on. also criminal penalties. if there were criminal penalties that would allow the executives to be put in jail if they covered up an issue, then i think you would see a very different outcome in many of these investigations. >> let me also ask you, if i read this to be true, the last time regulations said accelerators were updated, which was, of course, the source of this 8 million vehicle recall, the last time they were updated was more than 30 years ago? >> right. 1973 that standard was issued. and it doesn't even deal with electronic issues. >> so how is that possible, and, again, why does that happen? is that just the bureaucracy? who dropped the ball so that 30 years go by before we're looking at these things? >> well, electronics have come into accelerators at toyota in 2002. for other companies a little bit

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