Detailed text transcripts for TV channel - MSNBC - 20111117:22:04:00
Reform. read hank paulson's book. paulson says, bush's secretary of the treasury, in 2006 when he became secretary, he talked to me, i was then in the minority, but it looked like the democrats might take over. he said, accurately, he said to me, can we do something about fannie mae and freddie mac if you guys are in the majority? i said, yes, because i had earlier thought they were okay. by 2004 and 2005 w, i realized had been wrong and he was too optimistic. in 2007, when i first became the chairman, we passed the bill to control fannie mae and freddie mac. and in fact, senator dodd and i go...