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Detailed text transcripts for TV channel - CNN - 20100428:11:36:00

That could ruin them. lastly, we need to have an early warning system, to be able to identify much earlier than we did the problems that are looming. i mention, you could have a problem today in greece that poses risk in europe and here. we need to have a systemic radar council to watch early on and avoid the kind of huge problems that can emerge. we ll have our economic crises, but they shouldn t ma tat sooiz into what we see today. there have been many critics, not only of wall street but also of the congress. bethany mcclain wrote that congress was warned and sad idly by. congress refused to regulate derivatives despite a.m. many evidence. they faileded to update the fraying regulatory system. how can you assure the american people that you will get it right this time? ....

Fraying Regulatory System , Radar Council , Shouldn T , Tat Sooiz , Wall Street , Bethany Mcclain ,

Detailed text transcripts for TV channel - CNN - 20100428:11:40:00

Unanimously bit congress, republicans and democrats voted for that. here we believe we ve hopefully learned in setting up the system as i described here, consumer protection, seeing you have an early warning system and seeing to it you ll have transparency on the exotic instruments so they have to go through the clarity of people knowing what s being bought and sold. we think you can minimize those problems. it s a strong bill and recognized as such. others have amendments we ll add to this and put up a major reform effort when it comes to the financial sector of our k country. we appreciate it and best of luck today. chris dodd from connecticut, thanks. what s hot on the blogs? what has you riled up this morning? what do you like to weigh in on? we would like to hear from you. we ll be reading your comments in a couple of minutes. tdd# 1-800-345-2550 if it was up to me? ....

Fraying Regulatory System , Consumer Protection , Arizona Immigration Bill , Chris Dodd , Reform Effort , Best Of Luck Today , Tdd 1 800 , 1 800 345 2550 ,

Detailed text transcripts for TV channel - CNN - 20100428:10:42:00

That we find ourselves in and who ends up suffering when we have to make these types of cuts? well, certainly what we have to keep in the forefront of our minds all of the time are our students. what are the ramifications of our choices and decisions in the local levels and state levels and certainly at the national level on education of our students. because what we know and believe in this country is that a public education is a great liberator. and it is the aspect that can make a difference in lives. and we have to remember that our decisions will impact students. we have to support the system and the opportunities that they have. sarah, at the same time we have the budget crisis in states and municipalities resulting in layoffs. there are low-achieving schools. in some districts an entire staff had been fired. are teachers the reasons for ....

State Levels , Fraying Regulatory System , Budget Crisis ,

Detailed text transcripts for TV channel - CNN - 20100428:11:04:00

Why are we here? . what will you do to be different? do you need to be regulated better or more? what were the mistakes? i think on the mistakes, we were part of a system that introduced too much credit and too loose credit and which served to create and build up the bubble. and we played a role in that. we financed companies that were perhaps a little bit too leveraged and we did real estate transactions that may have been too leveraged and that played a role in creating the bubble, which ultimately broke and the consequences of the last two years bear that out. reporter: it s an interesting point, kiran, that he s accepting responsibility for being part of a system that was part of a bubble, but he s not accepting responsibility for any of the specific charges, the s.e.c. charges, of creating ....

Fraying Regulatory System , Real Estate , Kiran Chetry ,

Detailed text transcripts for TV channel - CNN - 20100428:11:29:00

Get sick, johns hopkins is a great place to go to get treated. if the state of maryland can cap what hospitals can charge, why can t every state do this? reporter: it s interesting, john. back in the 70s and 80s, various states tried it and you know what, they went right back to the old system. and i ll bet you can guess why. hospitals don t make as much money when you do what maryland is doing. the hospitals said, forget it. new jersey hospitals that you showed us, do they get paid all of the extra charges they ask for? reporter: they don t. they don t usually make the full markup. they negotiate a price lower than that, but still significantly higher than what they get in maryland. what do hospitals in new jersey and elsewhere get? we don t know because the negotiations between insurance companies and hospitals are kept secret. when you get your bill, you ....

John Roberts , Johns Hopkins , 70s And 80s , Fraying Regulatory System , New Jersey , They Don T , Arizona Immigration Bill , Insurance Companies ,