Detailed text transcripts for TV channel - MSNBC - 20111221:05:39:00
The banking system moving to, so that you could show it was a better way? >> i think there are two strands of thoughts in the banking group. one is that you can actually press for washington to legislate for the banking system to reform itself. and i think there's some of us in the group who are rather skeptical of that given the political sway and the lobbying power the banks have in washington. so the idea of a sort of subgroup is we set up an alternative system that would eventually replace the current system. obviously it would be be legal, it would be permitted within existing federal law...