Detailed text transcripts for TV channel - MSNBC - 20130110:17:38:00
Stand behind these two big to fail banks no matter what. >> especially given the fact that the banks will r no smaller than they were. i thought this was staggering. too big to regulate. america's six largest banks now have a combined 14,420 subsidiaries making them so big as to be effectively beyond regulation. a recent study by the can cab city fed said it would take 70,000 examiners -- talk about a jobs program -- to inspect such trillion-dollar banks with the same level of attention, normally given to a community bank. we are in some ways in a bores position than we were in 2007. >> right....
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