Detailed text transcripts for TV channel - FOXNEWS - 20110926:20:06:00
>>neil: thank you, scott. and now, i will explain this. the collateralized debt obligations were the money, at the love the bad mortgages, packaged, sold to investors and given a top grade and in retrospect we realize they did not deserve the top grade but it led to the financial house of cards and we knew as the great meltdown of 2008. that was then and fears it could repeat now, but a little late to braid and penalize now especially when you only site one big name. this is not the first time we have seen the white house using very strong-armed tactics. do you remember when the c.b.o. directo...
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