Detailed text transcripts for TV channel - MSNBC - 20100507:20:04:00
Because over the last several months as we've done our investigation, the facts have become clearer and clearer, but the enormous amount of risk and leverage and fragility of this system, it's quite something to behold. you know, every major investment bank was levered 35, to 40-1. >> they still are, many of them, sir. >> tremendous leverage. >> why is that okay? why have the american people, why are we allowing our bankers to operate at 30-1, or 40-1 leverage. to pay themselves out on marked myth accounting and continue to incur the implicit risk and deprivation to the rest of our country? wh...
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