Page 29 - Broadview Security System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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♪ all right. christine is here. we've been at it all morning. christine is my cohost on "your $$$$$," we're partners in crime here on cnn. we had a lot of time in business news but christina covered derivatives. she understand what's the rest of us are trying to get our head around. we had a bit of a disagreements this morning. it wasn't really but you pointed out, i said what president obama is aiming to do is the biggest overhaul since the great depression of the financial regulatory system. you pointed out that we've actually had a lot of tinkering with the financial regulatory system. ...

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This is what he said. >> i read a report recently that i think fairly illustrates this point. it's from "time" magazine. i'm going to quote. through the great banking houses of manhattan last week ran wild-eyed alarmed, big bankers stared at one another in anger and astonishment, a bill just passed with rivet upon their institutions what they considered a monstrous system, such a system they felt would not only rob them of their pride of profession but would reduce all u.s. banking to its lowest level. that appeared in "time" magazine in june of 1933. the system that caused so much consternati...