Sen. Kennedy:
That’s a good question,I don’t know I wish I had a good answer.
I don’t know how I feel about it.
I just know the world is different now with technology and the way we can communicate so quickly and banks exist on the basis of trust.
They’re really just… (Don’t take this the wrong way…) sophisticated Ponzi schemes, and they work when everybody trust each other and you get on that iPhone and start sending text messages and you have the herd panic and stampede, anybody can go word.
Repoter:
The speed of transmission completly…
Sen. Kennedy:
It’s breathtaking…
Repoter:
Senator Kennedy,thank you for being with us.