Sen. Warren

by kucheka on July 17, 2013

UPDATE: CNBC took the video down because “copyright.”

Quick translate:

Warren: An in-tact Glass-Steagall would have mitigated some of the damage in 2008.

Squawk: But we’ll always have boom and bust in the banking sector.

Warren: Not true. Look at history.

Squawk: I have. Totally true. Look at a bank failure in Illinois in the 80’s.

Warren: Look at history not written by Cato and Heritage. And that bank failure in the 80’s occurred after deregulation.

Squawk: But you’ll never get it passed.

Warren: Great Americans, you lot.

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