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Detailed text transcripts for TV channel - MSNBC - 20100421:03:31:00

complex financial instruments in this last generation of wall street has, in part, been to stay ahead of regulation to state ahead of even due diligence by people involved at the lower end of the food chain in finance is it yeah. it is starting to look, these complex things were supposed to diversify risk, has been glaringly obvious they increased the risk, they concentrated it, they created lots of promises that couldn t be honored in the clinch. so, yeah. it is kind of a running game we have. people talk about, well, we mustn t stopped financial innovation, and you say, well, name a financial innovation that has been beneficial and you are not allowed to use atms. usually that stops the conversation, because nobody can come up with a good idea in all of this vast proliferation of stuff. it has made a small number of people dramatically, dramatically wealthy in a short period of time. the wall street billionaires

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-rief we mustn t forget that, this private grief amongst innocent parties. but this wasri t grief amongst innocent parties. but this wasn t about the private lives of matt this wasn t about the private lives of matt hancock or indeed of anybody else. of matt hancock or indeed of anybody else this of matt hancock or indeed of anybody else this is of matt hancock or indeed of anybody else. this is about a man who dictated else. this is about a man who dictated how we run our private lives dictated how we run our private lives during the pandemic. nobody has had lives during the pandemic. nobody has had more impact on the everyday oys has had more impact on the everyday joys and has had more impact on the everyday joys and normal day to day activities joys and normal day to day activities of the british public than activities of the british public than matt hancock. we can t hug our loved than matt hancock. we can t hug our loved ones. than matt hancock. we can t hug

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