Detailed text transcripts for TV channel - CNN - 20100616:04

Detailed text transcripts for TV channel - CNN - 20100616:04:24:00

and massive engineering failures. there is nothing, a drilling rig operated properly with proper procedures can be a very safe thing. it had been done a lot. when you had a situation like you had here and you didn't have proper regulation and there wasn't a wall of separation, separation between the regulator and the regulated, this kind of thing happens. and i think we have got, we have got to tighten down on that. but we can tighten down and get it running up again. >> larry: senator, can you comment on the president's selection of michael bromwich served as justice department inspector general. he is going to revamp, minerals management and regulate offshore drilling. what do you think? >> we need somebody to clean up minerals management. ken salazar started the job, think he found a bigger mess than he bargained for. government does have a job to play in regulating not just this industry but other industries so consumers, the environment are protected.

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