Madoff-"We didn't have much success with the people from MIT." — Transcript
Full transcript
- 0:01no one's going to run a benefit for Wall
- 0:06Street we didn't have much success with
- 0:08the people from MIT they spend too this
- 0:11is nothing to do with the with the
- 0:13institution I believe they they spend
- 0:15too much time
- 0:21thinking it's impossible for you to go
- 0:24UND for a violation to go undetected so
- 0:27we we we determined that the best thing
- 0:29for us to for us to do was basically to
- 0:31take the human being out of the equation
- 0:34now that had two advantages in our
- 0:35industry number one when you take the
- 0:37human being out of the equation you
- 0:39solve your regulatory problems I guess
- 0:42you could you could also program the
- 0:43computer to violate the regulation but
- 0:47we haven't gotten there yet
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This page contains the full transcript of Madoff-"We didn't have much success with the people from MIT." by Jim Pence, generated from the public captions YouTube serves with the video. The transcript has 127 words across 18 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.
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