Detailed text transcripts for TV channel - CNN - 20100807:17:23:00
Was that regulators asleep on the job? partly because of a deregulatory environment. for sure business doesn't like the fact that government is regulating more tightly and it is true that there is a cost of higher regulation. i like to use the speed limit it, if there were no speed limit its a lot of us would get to our destinations quicker and faster. but we would pay the price in car crashes. people need to be careful saying oh, no regulation is dangerous. we have just suffered severe questions from not enough regulation. >> i adisagree. wall street was heavy regulated. more over -- >> actua...