Detailed text transcripts for TV channel - CNN - 20110210:01:49:00
Hands are dirty. but i think that -- a lot of what they've done is forgivable. what bothers me about them is not what they did leading up to the crisis, it's that they backed themselves that this situation where you couldn't reform the system where they essentially said these banks are too central to the economy to allow them to fail, we're going to subsidize them back to health and in doing so created these monsters that were able to prevent themselves from being reformed that were able to exert political influence on the reform process so i feel like they were both geithner and bernanke's bi...