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Detailed text transcripts for TV channel - FOXNEWS - 20100423:16:14:00

Volcker? this is the volcker rule. it s basically a version of glass-steagall in which you say there are functions that aren t compatible. and it s basically like taking fireworks, fireworks are a good thing, but you don t store them in your living room. if they were accidentally set off, they d burn down your house. high-risk lending doesn t belong in our lending banks because they have access to special taxpayer-insured deposits and windows from the fed where they get inexpensive funds to enable them to power up our economy by supporting our small businesses and families through loans, not for diverting into high-risk investigationing. jane: in some of our research your name came up as a potential sponsor of an amendment that would talk about limiting the size of banks going forward. are you for that? not for that? this is a sherrod brown amendment, and i do support it. ....

Arent Compatible , Glass Steagall , Volcker Rule , Lending Doesn T , Living Room , Risk Investigationing , Support It , Sherrod Brown Amendment ,

Detailed text transcripts for TV channel - MSNBC - 20100423:00:15:00

To frighten these people to obey the law. and i think that unless the sherrod brown amendment, and the senator from delaware, they re offering an amendment. and i hope that that is brought to the floor because it will at least put a cap on the size of these banks so they won t be allowed to be too big to fail from that point on. but the current bill doesn t say that. it s still going to allow them to be too big to fail, and frankly i agree with the economist simon johnson who says these banks should be broken up. into about 28 different banks. that would protect us. michael, i always find in a normal universe, i find it to be a legitimate question about whether government can get something more right than, say, the private sector. let s just for the moment think about, well, okay, the size of banks. what are the odds of government being able to measure that and get that more right than the ....

Sherrod Brown Amendment , Liquidating Banks , Bill Doesn T , Too Big To Fail , Point On , Michael Moore , Simon Johnson ,

Detailed text transcripts for TV channel - MSNBC - 20100423:02:15:00

And i think that unless the sherrod brown amendment, and the senator from delaware, they re offering an amendment. and i hope that that is brought to the floor because it will at least put a cap on the size of these banks so they won t be allowed to be too big to fail from that point on. but the current bill doesn t say that. it s still going to allow them to be too big to fail, and frankly i agree with the economist simon johnson who says these banks should be broken up. into about 28 different banks. that would protect us. michael, i always find in a normal universe, i find it to be a legitimate question about whether government can get something more right than, say, the private sector. let s just for the moment think about, well, okay, the size of banks. what are the odds of government being able to measure that and get that more right than the private sector would do. ....

Sherrod Brown Amendment , Liquidating Banks , Bill Doesn T , Too Big To Fail , Point On , Michael Moore , Simon Johnson ,