Detailed text transcripts for TV channel - MSNBC - 20110415:20:49:00
Expect, one is it's complicated. two, the fed is going to come back with an argument and say, look, the programs work. the credit markets were frozen in 2008 and now they're unfrozen. >> that's the "real housewives of wall street" went shopping. >> the fed threw $1 trillion at the problem. they allowed a whole bunch of millionaires to get in the middle of the transactions and make money off of it. that's the outrageous part that people don't understand. they essentially gave middle man status to all of these connected insiders to make free money off of the fed in the bailout process. it really...
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