Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
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<strong>Inside</strong> <strong>Job</strong> transcript – <strong>Sony</strong> <strong>Pictures</strong> – September 2010 27<br />
So we thought he was gonna take action. But, as the conversation continued, it was<br />
clear he was stuck with his ideology.<br />
We met again with Greenspan in '05. Often we met with him twice a year, and never<br />
less than once a year. And he wouldn't change his mind.<br />
01:34:45.02<br />
{ALAN GREENSPAN DECLINED<br />
TO BE INTERVIEWED FOR THIS FILM.}<br />
{CHRISTOPHER COX<br />
SEC CHAIRMAN<br />
JUNE 2, 2005}<br />
CHRISTOPHER COX: In this amazing world of instant global communications, the free<br />
and efficient movement of capital is helping to create the greatest prosperity in human<br />
history.<br />
01:35:01.04<br />
{THE SECURITIES AND EXCHANGE COMMISSION<br />
CONDUCTED NO MAJOR INVESTIGATIONS OF THE<br />
INVESTMENT BANKS DURING THE BUBBLE.}<br />
{OCTOBER 7, 2008}<br />
REP. PETER WELCH: A hundred and forty six people were cut from the enforcement<br />
division of the e-, SEC; is that what you also testified to?<br />
{LYNN E. TURNER<br />
FORMER CHIEF ACCOUNTANT<br />
SECURITIES AND EXCHANGE COMMISSION}<br />
LYNN E. TURNER: Yes. Yeah, I, I think there has been a, a, a systematic gutting, or<br />
whatever you want to call it, of the agency and its capability, through cutting back of<br />
staff.<br />
01:35:20.03<br />
REP. PETER WELCH: The SEC Office of, uh, Risk Management was reduced to a staff,<br />
did you say, of one?<br />
LYNN E. TURNER: Yeah. When that gentleman would go home at night, he could turn<br />
the lights out.