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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:26 |
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NOW A PREVIEW OF THIS WEEK'S G-20. A PANEL WILL DISCUSS PROPOSALS THAT CALL FOR MORE REGULATION OF... |
| 00:00:46 |
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-- AND DOCTORATE ALL IN HISTORY FROM YALE UNIVERSITY. PLEASE JOIN ME IN WELCOMING MY COLLEAGUE, TED... |
| 00:01:09 |
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THANK YOU VERY MUCH. ON APRIL 20th, THE MEMBERS WILL MEET IN LONDON ON THE WORLD ECONOMY. THE G-20... |
| 00:06:28 |
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THANK YOU, TED. WELCOME, EVERYONE. APPRECIATE THE OPPORTUNITY TO SPEAK TO YOU. THE G-20, LIKE MOST... |
| 00:17:33 |
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GOOD MORNING. THANK YOU VERY MUCH FOR INVITING ME TO MAKE A PRESENTATION AHEAD OF THIS G-20 MEETING.... |
| 00:38:37 |
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I THINK I WAS INVITED TO BE HERE, EVEN THOUGH I KNOW VERY LITTLE ABOUT INTERNATIONAL FINANCIAL FLOWS.... |
| 00:51:16 |
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I'D LIKE TO THANK ALL OF OUR PANELISTS FOR THEIR CONTRIBUTION TO THE SCHEDULE. PERHAPS I WOULD TAKE... |
| 00:51:57 |
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WELL, I THINK -- I WOULD START OFF BY AGREEING WITH CHAIRMAN RAPKIN THAT THE LIKELIHOOD OF THE G-20... |
| 00:53:51 |
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I GUESS I TAKE A SOMEWHAT DIFFERENT POINT OF VIEW, THAT REGULATION IS PROBABLY REQUIRED FOR A LOT... |
| 00:56:04 |
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-- STOP PEOPLE FROM MOVING TO THE CAYMAN ISLANDS OR JUST REGISTERING THEM IN THE CAYMAN ISLANDS AND... |
| 00:56:10 |
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WELL, I THINK YOU COULD STOP THEM FROM OPERATING IN YOUR MARKETS OR BUYING STUFF IN ORDER FOR THEM... |
| 00:56:32 |
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BUT IT WOULD BE KIND OF PERVERSE. BECAUSE YOU WOULD BE SAY, PEOPLE WHO WANT TO BUY STOCK ON THE NEW... |
| 00:56:50 |
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THE POINT THAT IS IMPORTANT, IF YOU RECALL WHAT OCCURRED IN THE LONG-TERM CAPITAL MANAGEMENT FIASCO... |
| 00:57:55 |
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THANK YOU. I WOULD JUST OBSERVE THERE DOES SEEM TO BE A SLIGHT DIFFERENCE IN OPINION BETWEEN DR. FOSTER... |
| 00:58:25 |
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LET ME MAKE IT QUITE CLEAR, IS THAT THE QUESTION YOU ADDRESSED WAS WHAT MIGHT BE REQUIRED FOR THE... |
| 00:59:09 |
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THANK YOU. WOULD ANY MEMBER OF THE AUDIENCE LIKE TO ASK A QUESTION? I WOULD ASK THAT WHEN YOU DO ASK... |
| 00:59:24 |
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THANKS. MY NAME IS PAUL JOHNSON. I'M WITH GLOBAL TV OF CANADA. OUR PRIME MINISTER WAS IN TOWN YESTERDAY,... |
| 01:00:14 |
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I CAN'T CLAIM THAT I FOLLOW THE CANADIAN ECONOMY WITH THE DETAIL THAT IT PROBABLY DESERVES, BUT THE... |
| 01:01:57 |
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ANOTHER QUESTION FROM THE AUDIENCE? YES, MA'AM, IN THE BACK? |
| 01:02:09 |
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I HAVE A QUESTION ABOUT CHINA. WELL, YOU KNOW THAT A FEW DAYS AGO THAT CHINA PROPOSED THAT MAYBE WE... |
| 01:02:44 |
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I THINK, IT'S INTERESTING FOR THE CHINESE TO HAVE MADE THE SUGGESTION THAT THEY DID, IS THAT IT DEMONSTRATES... |
| 01:04:39 |
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YEP? |
| 01:04:43 |
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I VERY MUCH AGREE WITH THE NOTION THAT CHINA IS TRYING TO SCORE POLITICAL POINTS, THAT HOW COULD JUST... |
| 01:08:16 |
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THANK YOU. MA'AM, ON THE FIRST SIDE? |
| 01:08:25 |
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I'M A HERITAGE MEMBER AND A CONSERVATIVE BLOGGER. WOULD YOU ALL DISCUSS BRIEFLY THE PREDICTED MELTDOWN... |
| 01:08:46 |
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WELL, THAT CERTAINLY HAS BEEN PREDICTED FOR QUITE SOME TIME, AS DRIVEN LARGELY, I THINK, BY FORCES... |
| 01:09:39 |
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I WOULD ONLY ADD THAT THAT'S -- IF YOU JUST LOOK AT A CHART AS TO WHAT HAS HAPPENED TO COMMERCIAL... |
| 01:12:03 |
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THANK YOU. GENTLEMAN RIGHT IN THE BACK ROW IN THE FRONT THERE? |
| 01:12:08 |
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THANK YOU. MY NAME IS PETER GLUK. IN THE CONTEXT OF THE ROLE OF OUR GOVERNMENT, I WOULD BE INTERESTED... |
| 01:12:42 |
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WELL, I'LL START WITH FORD. FORD CERTAINLY HAD A GOOD DEAL MORE FORESIGHT, WELL IN FANS, FORD STARTED... |
| 01:15:28 |
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I WOULD APPLAUD WHAT THE OBAMA ADMINISTRATION DID. BUT I THINK THAT IT'S FAR TOO LITTLE. THE ONLY... |
| 01:16:21 |
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THIS IS A TWO-WAY STREET. I MEAN THE GOVERNMENT IS PUTTING DOWN A LOT OF MONEY. WILL THEY GET TO CALL... |
| 01:16:43 |
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I'M VERY WORRIED ABOUT THIS. SINCE MY COLLEAGUES KNOW MORE, IT'S WILDLY IMPROBABLE THAT THE OBAMA... |
| 01:17:06 |
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VERY SIMPLE. WE'RE APPLAUDING, AS BAD AS IT IS, SIGNIFICANT IMPROVEMENT OVER WHAT POLICY WAS BEFOREHAND.... |
| 01:17:17 |
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THIS IS WHAT YOU WERE SAYING. LOOK AT HOW FAR WE'VE COME. YOU KNOW, THIS IS NOT A GOOD METHOD FOR... |
| 01:17:28 |
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THANK YOU. |
| 01:17:31 |
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THE GENTLEMAN IN THE BACK. |
| 01:17:33 |
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HAVE THE RIOTS AND OTHER SOCIAL UNREST SEEN IN OTHER PARTS OF THE WORLD HAVE PROPER AND APPROPRIATE... |
| 01:18:02 |
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WELL, I DON'T KNOW. I READ A WIDE RANGE OF NEWSPAPERS. I DON'T KNOW IF THEY GOT THAT ATTENTION. ... |
| 01:20:44 |
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I'D LIKE TO TAKE A SLIGHTLY DIFFERENT STAND ON THAT. I'M NOT ACTUALLY CONCERNED ABOUT POLITICAL INSTABILITY... |
| 01:23:33 |
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I'LL GIVE ONE SUGGESTION. ROMANIA AND EUROPE, COMMON AGRICULTURE POLICY. YOU CAN MESS WITH AS MANY... |
| 01:24:53 |
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ADD TO IT ALSO RUSSIA, RIGHT, WHICH ALL OF ITS EARNINGS COME FROM SELLING OIL AND THE PRICE OF OIL... |
| 01:25:10 |
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YES, I WORRY ABOUT GREECE OR BELGIUM OR POLAND. BUT THESE PLACES ARE BY WORLD STANDARDS WELL GOVERNED.... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.
