Detailed text transcripts for TV channel - MSNBC - 20120511:17:20:00
In arguing against reregulation, against the volcker rule and other aspects of dodd-frank. >> there is nothing wrong or illegal or unethical, if you will, about what jpmorgan chase did. right now -- >> it's stupid though, right? >> yeah. da jamie dimon said that, because we were stupid doesn't mean other banks were with. for the volcker rule to be enacted, remember, it is out there and is being written but is not enacted yet. if 2 the volcker rule were in place today, according to senator carl levin and others that talked to cnbc today, this type of trading position would not be allowed to occ...