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Potential for a significant amount of upside for big banks, in the way the program is structured. >> very quickly, why would any sitting president of the united states work -- i dont care who the president is, i dont care what the political party is, work in any way to help prevent honest liability for criminal -- potential criminal action? >> it is incomprehensibly disgraceful. it is a violation of the oath of office. it is a destruction of america. and the only thing i would add, zach is absol...

Thats the most frustrating thing to me. and thats why im not leaving any investigation off the table. >> theres an exacerbating factor that lays on top of everything that you just said. which is that the actual financing that gets put into the marketplace for home loans, a huge percentage of that financing comes from the u.s. government, by virtue of fannie mae and freddie mac. now, in defense of the taxpayer, there are certain representations and warranties and standards, effectively, that fann...

After the immediating, rahm huddles with larry summers and says, i cant believe christine said that in the meeting. >> said what? theres no plan. >> and summers says, but rahm, shes right. after that, i talked to geithner about it and the president doesnt deny any of it. he goes through exactly what he felt. ultimately, thats -- >> so whats your argument? >> well, barack obama, at this point, was overwhelmed and he did not take control of the white house in his historical moment. and a big part ...