Title: JFK awards given to 2 who warned of finance crisis

" Kennedy foundation handed out its annual profiling courage awards today. Two federal regulators who sounded early warnings on the financial crisis are among the recipients NEC and political reporter Alison King joins us now. The John F. Kennedy Presidential Library and Museum in Boston Allison."

" We'll -- the John F Kennedy profile in courage award has been presented annually to public servants. Who have made courageous decisions without regard for personal or professional consequences. And Caroline Kennedy president of the library foundation. Has been presenting the award since it began in 1989 she has always been accompanied by her uncle Senator Ted Kennedy this is the first year I can call that he has not been here helping to present. The senator course is suffering from brain cancer for the library said it is not because of help that Kennedy is not here. The senator by the way it was a recipient of the 2009 profile in courage award which he received -- 77 birthday party in Washington DC back in March. Today Caroline Kennedy talked about the importance of the award twenty years since it."

" Again. They honor the highest ideals which inspired his own public life and celebrate the virtue that he most admired. Courage. He believe very deeply that public service is a noble profession. In large part because it often demands courage to do the right thing. In the face of intense opposition. He understood that America would not be America without courageous officials. Willing to go against the grain. And he was concerned that such courage. Seemed absent in public life. These awards are our effort to pay tribute. To the very best contemporary public service. And to show Americans that there are public officials at all levels of government from both parties to stand on principle to protect their interests. And they mean a great deal to all of us in the Kennedy family."

" the recipients today included two women at one of the former chair of the commodities futures trading commission that is brooks wig horn. And the chair of the I thought FDIC. Sheila Bair. Both of whom were honored for sounding early warning about conditions that contributed to the global financial crisis."

" That I didn't want to make sure that our policies help the average homeowner main street not just a large financial institutions on Wall Street. As we could see the trainer coming in working families needed protections to. My voice was not popular. The financial markets had been expanding. Innovation was the rioting and the country was prosperous. The financial services industry argued that markets has proven themselves to be self regulatory. And that the role of government and market oversight and regulation. Should be reduced or even eliminated."

" And there was one other low profile in courage award that was handed out to three women on behalf of the women of Liberia. These women launched a movement of ordinary Christian and Muslim women who rose up together. To put an -- to Liberia's civil war. And we'll have more on their achievements and there comments here today coming up this afternoon are truly inspiring. I'm hearing from those women here Karen all right Alison King in Boston thank you now."