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Detailed text transcripts for TV channel - MSNBC - 20100709:19:55:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100709:19:55:00

Heat today for cursing out the man who caught the ball in front of his young son. on the flip side, here's another foul ball. a suzuki has a run-in with the fan. he smiles and asks her if she's okay before returning to the game. >> stage six win in the tour de france. seven-time champ lance armstrong is in 18th place overall. and reality tv susan boyle is launching a worldwide search for a duet partner. today she's in japan for the start of susan's search. the winner will sing with her on her second album "the gift." that brings us down to the wire. that's our show for this friday. i'm chris...

Detailed text transcripts for TV channel - MSNBC - 20100507:20:04:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100507:20:04:00

Because over the last several months as we've done our investigation, the facts have become clearer and clearer, but the enormous amount of risk and leverage and fragility of this system, it's quite something to behold. you know, every major investment bank was levered 35, to 40-1. >> they still are, many of them, sir. >> tremendous leverage. >> why is that okay? why have the american people, why are we allowing our bankers to operate at 30-1, or 40-1 leverage. to pay themselves out on marked myth accounting and continue to incur the implicit risk and deprivation to the rest of our country? wh...

Detailed text transcripts for TV channel - MSNBC - 20100507:20:37:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100507:20:37:00

Well. what some of the more moderate democrats were saying is, look, we don't think the congress should get into the day-to-day monetary policy of the fed, including you know, whether or not we're going to raise interest rates or lower interest rates. frankly, dylan, that was never my intention. i put language in the original amendment that made very clear, that's not what i thought we should be doing. they wanted more reassurance that would not be happening. i did that. also in fairness, we had hoped for a more ongoing investigation. this is limited to what i think most people are concerned a...

Detailed text transcripts for TV channel - MSNBC - 20100507:20:10:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100507:20:10:00

Things to track the unusual volumes from the floor, dylan. but i can tell you that there's no need just like you're saying, when you're trading millisecond to millisecond, you're not making a market, you're not taking risk. you're basically just picking people off. that's what the system has been set up to do. that doesn't mean that an investor can't make money with a longer-term time horizon. but as your analogy about the ferrari. why do we want these guys running around a track at 1,000 miles per hour. that when they crash, they're going to kill all of us, not just themselves. i mean, indy c...

Detailed text transcripts for TV channel - MSNBC - 20100507:20:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100507:20:13:00

Has speed limits for trading. they say, if you're going to quote that much, we're going to tax you on those additional quotes coming through. i'm all about liquidity and providing more access for investors into the market. i'd like to think that i stick up for investors. sadly, i don't see regulators sticking up for investors. i certainly don't see lot of these elected officials sticking up for them. instead, they turn a blind eye to situations like yesterday. whether that could have just as easily, dylan, been a, a financial terror attack on the markets. as a fat finger. and either way, it ju...