kernell said it was simply a prank. here s how palin responded to that claim. i don t think an illegal action like this is a prank, not when you consider that how impacting it was on a presidential election. well, nbc s kerry sanders is live for us in knoxville, tennessee. kerry, thanks for being with us. today was really focused on the timeline of this account being accessed and then what ensued so what did we learn today in this testimony? well, you know, it s very interesting. they talked a little about the timeline which of course it was september 16th, 2008, when the e-mail was breached. sarah palin was in michigan in her hotel room sitting in her hotel room with the tv on looking, glancing, and she looks over and she sees her e-mail screen shot flashing on the screen at the same time the secret service walks in and says, governor, we have a problem we need to discuss. she s looking at it going, yeah. i can see. and so she said that it caused problems not only for the camp
economy. but billions and billions of dollars were bet, and in the end, the people who lost the bet didn t have the capital to pay it off. and the taxpayer became the banker of last resort. this bill would put those bets on the public eye. they would be transparent. they would have to be backed by capital. they couldn t you couldn t find out at the end, for example, aig was $80 billion short on september 16th, 2008. right. what would be prevented. so my view is, the most important part of this bill is stopping the betting transactions that had nothing to do with the real chi. and taking them off the table. okay. i want to ask jill, do you agree? you you used to trade derivatives right, back in the day? yeah, my first job on wall street. i think the derivative market is important.