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Detailed text transcripts for TV channel - FOXNEWS - 20100508:14:13:00

Myself like wall street, but we want to see wall street operate producttively. we have to investigate what happened in the stock market yesterday when people thought they were buying stock at a good price and found out that that had not been the case. it s got to and task congress s role. a hearing isn t going to reduce anything, but what your lips to god s ears, steve. the equity markets are where we raise money to grow this economy and create jobs. there are can you feel things, if the derivatives markets we need to crack down on. and speculating and get long-term cap gains treatment when they re making money short-term. we re not going there, but eric, basically it s rare when they don t have another hearing and don t get another agency or it s rare that they have a hearing and, you watch them and a bunch of congress people up there reading prepared questions and they don t understand what was going on anyway. good, go ahead, have your hearing, figure it out as tobin sa ....

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