Detailed text transcripts for TV channel - MSNBC - 20120516:06:20:00
Before the world came out they lost 2 billion, they were prepared to say not only did it happen in a bank, but there would be no regulation of that derivative action whatsoever. >> let me get to secretary rice. it seems to me just in terms of the people who don't understand all of this, they love it on wall street. the more complicated the better. haven't they seen all of the movies? haven't they seen hank paulson played by bill hurt, and the margin call, movie after movie saying these guys are ruthless sobs. they'll do anything to make money. don't trust them. keep the lights on them and keep...