Detailed text transcripts for TV channel - MSNBC - 20131209:22:55:00
Inheriting much greater risk in our financial services industries. i think we will in ten year's time look back and say we should not have done that. >> i would say that's right on the money. it's clear this country is in need of immediate action in financial reform. david stockman, budget director under president reagan joins us tonight on "the ed show." great to have you with us. lots of talk about tonight. first of all, buzz dorgan right? >> absolutely. repeal was an epic mistake. it failed to realize that banks are wards of the state heavily subsidized by the government with the insurance,...