Detailed text transcripts for TV channel - MSNBC - 20100514:20:58:00
Actual capitalism. that's how you create your hedges. if you're hedging yourself by transferring the risk to the state, you're a thief. that's not a hedge. i don't think they tell you that at wharton. we've seen some small amendments, victories, cenk referenced them. there was a amendment offered by al franken, to put more heat on the credit rating agencies did pass yesterday with bipartisan support. that thanks to franken. banks will no longer be allowed to hand-pick which rating agency they cook the books with before they offer some garbage derivative to a dumb german. now they'll have to de...
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