Detailed text transcripts for TV channel - MSNBC - 20100409:11:43:00
You know, the federal reserve had responsibility for federal regulation, citigroup failed, we had a housing bubble, had responsibility for regulation of mortgages and we got an epidemic of bad mortgages. no one says, you know, we made a mistake. so i think we deserve better than that as an explanation. >> doug, in terms of nobody taking responsibility, you sit there at the hearings, as you've indicated. why is it that you sit there as an average citizen thinking to yourself, okay, i get the wall street thing, i get the deregulation thing, i get the fact that, you know, banks just kept doing th...
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