Bailout Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> obviously the iran deal is booing the confidence that the markets have. that in itself was coming on the heels of greece bailout deal announced earlier this week. that's certainly had a positive impact to say the least. no? >> sure. this is extraordinary. you wait for an international deal to be signed. you get two at once in 48 hours. very interesting. the greek deal is tenuous. this is a bailout process. there's a load of hoops the greek government need to go through. don't forget they voted over a week ago to turn down creditor terms. germany, imf, ebc got the terms harder than greeks sa...

>> neil: the tell the people who are willing to invest in that place, with all the risks, we're going to screw you. >> they're getting screwed. there's talk they may, may get -- >> neil: nickels on the dollar. >> ten cents on the dollar, i don't buy it. neil: you had money making chrysler dealerships forced to shut down. why? >> i made a billion doctors a year every year for 22 yours on average, sometimes more or sometimes less. in my particular case, and i think in many, many other cases, when you had top performing dealers, not underperforming dealers, after this irs situation, has kind of e...

Right? i thought that was very interesting because he said we need some regulation, but he also pointed out that some of these smaller banks, they're what really suffered during the whole bailout process. these community banks, right? >> absolutely. my main role in life in the hotel industry, my group, we build, we manage and we buy hotels. we deal with these smaller banks anhe larger banks as well. it's not just dodd frank, but it's the way the regulators are behaving. they're taking a penalizing accusatory position that inhibits taking risks, that inhibits lending, that inhibits job growth. ...

Expect, one is it's complicated. two, the fed is going to come back with an argument and say, look, the programs work. the credit markets were frozen in 2008 and now they're unfrozen. >> that's the "real housewives of wall street" went shopping. >> the fed threw $1 trillion at the problem. they allowed a whole bunch of millionaires to get in the middle of the transactions and make money off of it. that's the outrageous part that people don't understand. they essentially gave middle man status to all of these connected insiders to make free money off of the fed in the bailout process. it really...

In addition, the ethics report says he had investments worth as much as $1 million. nbc's luke russert is live on capitol hill. luke, let's talk about her defense. it was an unusual day, friday in august so it is a pretty good day to roll out a defense when you would not get as much -- as much attention with the congress in break, but what was the guts of her defense against that ethics charge, which was unanimous charge from the ethics committee? >> the guts of her defense, andrea, essentially was that she asked secretary of the treasury paulson back in september of 2008 for him to meet with ...