Detailed text transcripts for TV channel - FOXNEWS - 20121005:11:25:00
That shows us you can be resolved in bankruptcy without hurting the broader economy. if they can't make that determination, then they can be broken up by the regulators. so there is a specific ban on bailouts in what's called title 2 of dodd frank. we worked very hard on that. >> gretchen: tim geithner wanted more bailout flexibility. erin, you don't buy this? >> i don't. i have tremendous respect for what she did. all of us as taxpayers owe her a debt of gratitude, but i don't believe there is going to be a boilout if a huge bank gets into trouble. i think it's easier to say we're going to un...
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