Detailed text transcripts for TV channel - MSNBC - 20100817:20:21:00
>> i'll agree that was the accelerant. yeah, man, fannie and freddie are going down. you never believed them. it was wacky. but when the fed went to zero rate policy and you had the epic housing bubble, you had an impossible mission for fannie and frooed dee. make a profit and take this toxicity on your books. >> now, that's the third phase. by the way, geithner was number two in the wealth transfer. it was paulson was the one who actually did -- >> i may have insulted geithner. i'm sorry. >> he was still there. don't forget, hank paulson was there for fannie, freddie, aig, lehman. >> where's ...