Detailed text transcripts for TV channel - MSNBC - 20100512:10:42:00
Major financial institutions, ones that are, quote/unquote, too big to fail if they're in trouble again. the fact the democrats have agreed to take up this $50 bailout fund doesn't change the fact the fed and the treasury and fdic will have enormous capacities to, execute guarantees in a resolution process to salvage these firms and salvage creditors. that codifies too big to fail. >> hold o dan. if a bill is not passed by washington, tear stihey're stil to bail out the five or six big banks. if they don't, the economy collapses. what are you suggesting? are you teddy roosevelt of the 20th cen...
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