representatives who hold these firms accountable and hold them to the same standards we hold msnbc and every other media company. this company is not held to the same standards of traditional media firms because of legislation, because of our gross idoltry of innovators. they re doing their job, we re not doing ours. there was a period going back to the early days of russia. that armen hammer was allowed to do business for a good 70 years. pepsico did swap deals with russian beverage companies, alcohol companies. even despite the fact the cold war had raged for years. so there are times when the u.s. government looks the other way, when corporations do business with an actual or potential adversary. this does get to some of the more fundamental issues we deal with, with respect to freedom of speech and suppression. in a certain sense, it s similar to what we ve seen in the past but there are also different components. fascinating.
you sold them to your client. you bet against it. and then you make a lot of money off them. they remind me of enron e-mails that we saw and enrom recordings. they remind me of conversations that were later reported about steroids in baseball. they remind me of all of the different environments in which you begin you have huge rewards, right, these traders that are making these swap deals, making a lot of money in bonuses, they have big rewards, and the norms inside the institution begin to dea grade in the face of that and the reason it s so appropriate isn t because of moral apropose preyum. those are the conditions that deduce this that destroy $8 trillion of wealth. there s a direct correlation. the next time, if this is if this is the duculture of the