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Detailed text transcripts for TV channel - MSNBC - 20111010:08:13:00

and there was stress to force the banks to raise the capital lending. then there was the action even when the industry today still doesn t support the financial reform. were there problems throughout all of that? sure. did we get it exactly right? no. but you look at where the united states financial industry is today versus what s going on in europe where they didn t deal with it, we re night and day. number one. number two, and that took political leadership, even when it was not popular. and second, when the industry needed that type of help, the america came to it help and assisted it to get stable. can you if you go around the neighborhoods of chicago, you go around anywhere in the country, goo peoria, there is stress on people s lives. they, too, need help. not a bailout. but a chance to get the economy moving for them. and that s an understandable sense of frustration on their part. and it s not just limited to the wall street. go in europe. go in asia. go other places.

Detailed text transcripts for TV channel - MSNBC - 20111010:06:13:00

the banks to raise the capital lending. then there was the action even when the industry today still doesn t support the financial reform. were there problems throughout all of that? sure. did we get it exactly right? no. but you look at where the united states financial industry is today versus what s going on in europe where they didn t deal with it, we re night and day. number one. number two, and that took political leadership, even when it was not popular. and second, when the industry needed that type of help, the america came to it help and assisted it to get stable. can you if you go around the neighborhoods of chicago, you go around anywhere in the country, goo peoria, there is stress on people s lives. they, too, need help. not a bailout. but a chance to get the economy moving for them. and that s an understandable sense of frustration on their part. and it s not just limited to the wall street. go in europe. go in asia. go other places. there is a major restructuring going

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