Detailed text transcripts for TV channel - MSNBC - 20111224:13:36:00
Although in a similar vein what's happened with mf global to a certain extent -- >> that came too late for to us put on the poll. explain what happens. >> you have this big hedge fund that jon corzine was running -- >> former head of goldman sachs, former senator and governor of new jersey. >> yeah. >> huge democratic politician. >> a republic utibresentable gu firm made these debts -- >> european debt, greek debt. >> and when it look the like we had to ko, we'll take that pile of money over there, even though it was the client -- >> they allegedly, they allegedly -- >> no, no, my understandin...