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Detailed text transcripts for TV channel - CNN - 20100422:11:30:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100422:11:30:00

Go? >> you know, kiran, he always agreed of going to harvard since he was a little boy. he did apply, but sadly, he was not accepted. i asked kenneth, are you zmrounted with that. he said, no, i'm still proud of myself because i'm the first person in my family to go to college. we also talk about why he had not gotten in. he said that's because he was competing against kids who were 4.2 gpas, although he was an honor student, he really didn't become an honor student until his junior and senior year. his freshman and sophomore year he was more of a "c" student. that's because he was in foster c...

Detailed text transcripts for TV channel - CNN - 20100422:10:21:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100422:10:21:00

That's supposed to protect us. >> right. to cover the question, they say -- mr. president, don't kill the golden goose. why is this so much concern if this is regulated or if some of these measures are in place that it will hurt wall street? >> well, one thing, even mayor bloomberg has said he's worried about going too far on this stuff because you don't want to kill the growth. the financials have been a big driver of the global economy. but they've also been a big driver of the almost demise of the global economy right? >> right. >> so there have to be better rules of road, according to the ...

Detailed text transcripts for TV channel - CNN - 20100422:11:35:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100422:11:35:00

What we're talking about is, derivatives in this light really don't have any social utility. in other words, there's no usefulness in our society in the capital structure. they really are just bets as opposed to, let's say, you're buying oil futures because you're in airline and you need to hedge your exposure to rises or falls in the price of gas, right? so that's different. the concern i have about this bill is it still does not deal with this too big to fail notion. what they've done is say, okay, you know what too big to fail is? it's where we are right now. that doesn't seem reasonable. t...

Detailed text transcripts for TV channel - CNN - 20100422:11:02:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100422:11:02:00

Make it to a lifeboat. have any of the people who came back safely are are reunited with their families, do any of them know whether they may have made it to the lifeboat? >> i've been canning the coast guard if they've been able to account for all the lifeboats and everything on that rig. they say they don't have that answer yet. when they're out there searching, they're searching not only for life rafts, but they're searching for individuals that might be in the water. and they keep saying that probability still exists, and they're going to keep that search going as long as that probability ...

Detailed text transcripts for TV channel - CNN - 20100422:10:15:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100422:10:15:00

Make tequila may also have surprising health benefits. mexican researchers say the ingredient from the agave plant was effective in testing diabetes and from rats, they say drinking tequila doesn't give you the same benefits. >> there's always a "but." it it made me feel better, for a minute. >> and then an hour later a hangover. >> if you've got arthritis. hey, coming up in the most news in the morning, the president calls for big changes on wall street pushing the financial bill. our christine romans is here. will it make a difference for your money? will it prevent us from having to bai...