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Detailed text transcripts for TV channel - MSNBC - 20131024:19:28:00

It s one of several new promising signs that wall street s day of reckoning may finally be near. here s another. a jury found bank of america liable for fraud by country wide linked to loans that it sold government backed mortgages to fannie and freddy. it s a major win for the u.s. government. a judge is going to determine the dollar figure bank of america will have to shell out. that s not all. the obama doj is closing in on a record-breaking resolution for an insider trading case against s.a.c. capital. the firm used illegal and inside information to become one of the most successful hedge funds in the entire world with 25% annual returns. the firm just announced it is closing its london office as it prepares to potentially plead guilty to criminal misconduct and surrender its outside trading portfolio. so is wall street s house of cards finally collapsing? joining us now, founder of the better banking project. she worked at the department of treasury under both the clinton and obam ....

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