Detailed text transcripts for TV channel - MSNBC - 20100428:01:44:00
Warren buffett, the world's richest man, who lives in nebraska, the state ben nelson represents. part of the bill says if you're investing in derivatives, you have to put up collateral now. he is called them financial weapons of mass destruction, but that hasn't stopped his firm from owning about $63 billion worth of derivatives. nelson wanted buffett to be immune from putting down collateral. democrats said no, they took away that dear warren special deal and so ben nelson pulled his special deal and lined up with republicans to kill it. >> mr. nelson, nebraska, no. >> ben nelson's spokesman ...
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