Detailed text transcripts for TV channel - CNN - 20110520:00:45:00
Country. >> who were the government folks trying to save? were they saving the banks, or were they saving the economy? were they saving the nation? what do you think they thought? >> that's a question where you can only give them the benefit of the doubt. >> right. >> but -- the bp thing is another failure. all tracing back to regulation. the bank failures, the housing failures, all lack a regulation and carrying out official duties by government people. they have been deprived of a leg to stand on, but they had legs to stand on, and they were deficient. they were -- >> the critical moment to ...
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