Detailed text transcripts for TV channel - MSNBC - 20110921:

Detailed text transcripts for TV channel - MSNBC - 20110921:20:31:00

financial collapse, the american economy bears its scars. you know the drill. ramp ant foreclosures, lending bottoming out, stalled employment. a perillousily fragile financial market. no yield for retirees by the million. and yet so many of the banks responsible are not only surviving, they are thriving and bigger than ever. that is except for one. if the major banks had been on the tv show "survivor," lehman brothers was the one when it came down to it that was voted off the island. but why lehman? and why did they uniquely, when all the banks were wound out, hyper levered and out of cash did the fall? and what did those involved in that process learn that we can benefit from today as so little has been fixed? our next guest rode literally on the back of the beast on the derivatives side in the stock market side. you guys are having a fantastic

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