Transcripts For CSPAN2 U 20100426 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
underground explosion. we also understand maybe roughly about 15 minutes after the hour, president obama will deliver the eulogy. we understand it might be about ten minutes long. of course, he ll talk about the collective grief that people are feeling as a result of this explosion and the lives lost, and he will also try to offer some assurances that some measures of safety will be put into place for future coal miners and other communities that have such great investments in the coal mining industry. there you saw the governor, joe manchin. the first lady, gail manchin is also there. i understand she is actually the one introducing the family members. let s just listen in right now as names are being announced on the p.a. system and family members are filing in. tammy davis. [ applause ] benny r. willingham. [ applause ] again, what s taking place here is you re hearing the announcements of a family member who will come forward. they re being greeted by governor joe man
. beige book bu we did not need a capital bailout. we needed a liquidity bridge so we could consummate the sale to a potential buyer. that is what we needed. or we needed a window to be extended to us as it was to the other investment banks that sunday night. to be even more clear, when we heard that the bank was being opened, that the federal reserve a window was being opened, that sunday night, we all said we are fine. we will get this done. we then heard it was not being opened it to us specifically. mr., that was not at all responded to my question. what can we do to convey to boards of directors and ceo s there will be allowed to fail, that there is no safety net? that they will be taken into receivership, that a colorado s, top executives will lose of a thing, creditors will not be paid, and taxpayers will not be on the hook. what do we need to do to convince you that that is what the future holds? frankly, i was convinced at the time. do not misinterpret my stateme