MSNBC Panel: Bernanke, Hank Paulson ‘Saved America’

RUSH TRANSCRIPT:

SULIVAN: "It is a shock. They never speak candidly, they sort of mumble jumble. Now he's out, Hoose got this book out, "A courage to act" saying he thinks more federal executives should have been prosecuted, one of the key takeaways from severity of the financial crisis. Bern key got criticized early because he was relatively untested."

BARNICLE: "In 2008, we didn't know how far down the cliff we would fall."

SCARBOROUGH: "By the way, you can replace me when I go."

SULIVAN: "When Lehman collapsed, I was there on a Sunday just seeing if I could get ahold of everybody. And I had some pretty high-level government pop ask me things likes what's a credit default swap? What a leverage. I don't blame them but it just kind of shows you it caught everybody by surprise.

BARNICLE: "And moments during that crisis when tuf, grown, wall streetmen work buon if.

SCARBOROUGH: "Ben Bernanke, Hank Paulson, George W. Bush and Barack Obama from September the 15th through the new year did a lot of things that a lot of us did not like. The economy survived. History will be kind."