>> yeah. i think -- there has been bad action on wall street. no question about that. we need regulatory reform. knop question about that, but ordinarily when people are charged with something wrong, first we have a trial. then we have the hanging. in washington periodically these gusts of populism sweep across and then a hanging. first the hanging now the trial. that's what's happening. >> our friend and colleague, reading the writing in the "washington post." among other things says even if some wall street practices seem dodgy or unethical, that's not illegal. i want our government characterized by fair play and equal justice even for those making $10 million bonuses. to which carl levin, chairman of the committee said this -- listen to this. >> they misled the country, i believe, and they were not fair to the customers. >> he'd already convicted them?