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Detailed text transcripts for TV channel - MSNBC - 20130915:14:09:00

Fail would have had even more cascading effects for main street. that said, as hard as it may be understand something like a derivative, what s not hard to understand is executive compensation, what the big guys make. when i look at the economy five years lake, in 2007, before the crash, it was $8.4 million on average, and in 2008, start to come down to $7.6 million. but today, on average, executive pay compensation is $9.7 million. so if i m at home watching, i understand five years ago, they failed, and they re making much more and at the same time my income is stagnant. that s what s been going on with monetary policy. if you look at ben bernanke keeping interest rates really low, who has that benefited? people who own stocks, property owners, and people who own the big banks. because they can make a lot of money investing those assets in other ways. that s one of the reasons why these big banks have a huge ....

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