Detailed text transcripts for TV channel - MSNBC - 20111024:20:32:00
Than -- >> but isn't tim's point, which is the decision making is being made to preserve jpmorgan, is being made to preserve deutsche bank, is being made to preserve sock jen, as opposed to saying, we're going to need to restructure this financial system. >> that was done here in '08. that was done in ireland. remember, ireland, their domestic banks got all this debt that they couldn't pay backse, d the irish taxpayers said, we'll take that and make all those private debts public debts. and the irish people are getting the tar kicked out of them. >> i know. with debt cancellation. >> but if wh...
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