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Detailed text transcripts for TV channel - MSNBC - 20120511:16:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120511:16:32:00

That is not something we should do in markets open to the public. this calls attention to the fact complex, derivative transactions can be tremendously risky. you can lose a ton of money in a short period of time. this may have been a propriety trade, money lost by jpmorgan itself but points to the need for substantial re-regulation of markets that were recklessly deregulated over the last 15 years and fits onto the volcker rule of derivative training. it does reenforce the public sense that there is not an adequate system of regulation. there is not adequate accountability. >> even here where...

Detailed text transcripts for TV channel - CNN - 20100421:18:08:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100421:18:08:00

Goes to wall street and the timing for him probably couldn't be better. americans hold a dimmer view of hedge fund traders and exotic financial instruments than they do members of congress. the wall street titan goldman sachs stands accused of fraud by the s.e.c. and days after declaring their unyielding opposition to financial regulatory reform, senate republicans are softening up a bit. today the senate agriculture committee passed a bill that would regulate so-called derivative training -- trading even more than the white house would. and a republican senator chuck grassley of iowa voted in...