Detailed text transcripts for TV channel - FOXNEWS - 20111028:00:26:00
It wasn't illegal what they did. >> the free market set out by letting those people go broke. if they make a bad bet they should go out of business. >> bill: the folks got hurt. the people owning the homes got hurt. those people you have to have regulations, very tough regulations to prevent that. >> but they don't work. we had these regulations after enron. we had sarbanes oxley. >> bill: pollution. >> we need pollution. >> bill: pollution of the financial system regulations. >> now we have dodd frank 200319 -- 2319 pages. that's insane. >> bill: smart guys who make rules that have to be foll...