Detailed text transcripts for TV channel - MSNBC - 20120318:12:04:00
>> i would say it is probably worse. when you have easy access to capital all sorts of mischief can take place that couldn't take place before when you had limits on capital. john white had the greatest -- partner of goldman sachs. for many years is 90 and doing well. used to say it was better for goldman sachs to not go public and have limited capital, have to make tough choices about the way interest spends money in in this era where they have unlimited capital, get their money for free, play all day long with other people's money. >> you were on wall street for theup in the bubble. when the...
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