Detailed text transcripts for TV channel - MSNBC - 20110928:20:04:00
Market without a systematic infection of some sort of a problem. i've argued that the problem is the decision to basically suspend capital requirements in our capital markets, whether it's the requirement to have capital at the government level or the down payment or the banks and with the mortgage lenders, give me a severance how distorting a market -- hoy distorted a market can get if you suspend and lift capital requirements. >> dylan, thanks for having me on the show. you look at this crisis at the heart of the crisis was a refinance system, and at the core of that were these two instituti...
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