Detailed text transcripts for TV channel - MSNBC - 20130915:14:04:00
Because unlike chicken little, the time to be worried is not the day when you see the sky falling in on you, the time to worry are the weeks, the months, the days, the weeks before, when there are signs that our economy is hemorrhaging and banks are operating under a too big to fail mentality. so how are wall street and the banks doing today? it's a pretty good day to be a bank. u.s. bank earnings rose to a record high of $42.2 billion in the second quarter of this year. and on friday, the dow closed at 15,376, more than a thousand points higher than the market's peak before the bubble began t...