Detailed text transcripts for TV channel - MSNBC - 20120228:22:41:00
It's unfair for the government to pick a winner or loser in detroit and let somebody fail in georgia or tennessee. >> that's the creative distraction that comes with the markets. but the people who worked on that auto restructuring will tell you is that they were mostly from the equity business. they called everybody. they went to everybody they knew. and they know everybody in the business. all the money was on the sideline. there was not going to be a lot of private partners jumping in to save the industry. chip is right. it looked very different. 1.4 million people would have lost their job...
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