Detailed text transcripts for TV channel - MSNBC - 20100416:20:01:00
Crash at the time that i sold it to you. i, as the car salesman, get paid twice. once when i sell it, again when it crashes, on the insurance policy. goldman sachs, in their case, they get the money from selling the car, and then they bought the insurance -- you're going to love this -- they bought the insurance from aig. remember them? and aig didn't have the money to pay off the bets on all the cars that goldman was betting were go to crash. that's why you, the taxpayer, ponied up $173 billion to pay out the bets that aig was taking. 100 cents on the dollar. and timothy geithner, who is our ...
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