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Detailed text transcripts for TV channel - CNN - 20110314:09:40:00

They are rallying in south korea. the bank of japan, the central bank met and decided to take swift action. it is going to pump a record amount of money into the financial system. $183 billion. to make sure there is enough money in the financial system so the banks can lend to each other and lend to anyone who would want to take out a loan. the idea is to keep confidence in the financial system. there is uncertainty and fears in japan, broad fears so the boj trying to calm any fears people might have about the financial system. there was one piece of good news that helped to calm fears. standard & poor s, the credit ratings agency, the quake on friday, the tsunami on friday will have no immediate effect on japan s aa sovereign debt ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110926:20:02:00

The conspiracy comes next they downgraded the u.s. sovereign debt rating, i don t think we merited being lower than france, be that as it may, a lot of people speculate today this this is pay back time, because, you know with all due respect to moody s, the other big credit rating, they didn t do anything better or worse than s&p. so, why should s&p be singled out? neil: are you looking at this and saying four years after the fact, will be catch up time? guest: i will say this about the commission. take out the conspiracy theory, there is a lot of pressure on the securities and exchange commission to bring some sort of charges that have any sort of relevance to the financial collapse. we had a big financial collapse, people that were saying things were really good when they weren t. neil: who looks at the securities and exchange commission? and all folks including the housing agency downgrading everyone else except fannie mae and freddie mac? ....

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