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Detailed text transcripts for TV channel - MSNBC - 20130206:02:42:00

Manhattan make money off of it, this is the one thing all of cuss grasp about what went wrong when our economy was destroyed in a way that we have still not recovered from. that s one thing about the meltdown that everybody gets, right? which makes this headline today both a wow moment and a duh moment. u.s. sues s&p over pre-crisis mortgage rating. the government alleging that standard & poor s rating agency knowingly inflated its ratings on risky mortgage investments, giving high marks to mortgage-backed securities because it wanted to earn more business from the banks that issued these poop bag investments. oh, poop bag isn t in the quote. sorry. i added that. so that s a duh, right? these guys clearly should be busted. these were the guys in charge of the ratings. these were the guys who were supposed to be labeling the poop bag financials as such. eventually that system of selling worthless junk for tons of money stopped working and the ....

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