Detailed text transcripts for TV channel - MSNBC - 20120219:14:15:00
>> wow. just -- one of the most prophetic things you will ever see, byron dorgan, warning the impact of repealing this. repealed and just as byron dorg an predicted eight years later we have the largest financial crisis since the new deal, the point of which we passed. the big question in the dodd/frank bill is are we going to get back to what glass/steegal did is to separate out the different functions banks can play? commercial side very low risk? service oriented and investment side which is very high risk? the instrument by which glass/ste glass/steegal will be reinstated is by the volker ...
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