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Detailed text transcripts for TV channel - CNN - 20100913:17:21:00

Going to grow to the sky. lots of homeowners did like the bank, borrowed, didn t have the ability to pay. these rules will keep that from happening again. borrowed much more than the average person,li leveraging the ability t translate one dollar into many more is not only common in the banking industry it s what it s been built on in recent decades? it makes it work. they get you $10 and can do $100 in lending. that s okay. the problem, doing more than $100 in lending and using that money to buy things that were not the house of cards we were talking about. of cards. us what would you say in lay terms was the big accomplishment out of this meeting that took sw place in switzerland? everybody s on the same page, we need more capital. europe didn t want levels this high. the united states was one of the groups, countries, pushing for stnger regulation. so bank stock, up today. a part of that because the ....

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