were at the center of this storm and i don't think there's enough oversight and regulation of the credit rating agencies. >> and they judge the worthiness. >> that's right. they were giving aaa bond ratings to these exotic mortgage securities that the subprime loans that were junk loans. so that was a big problem. and the other was fannie and freddie that were the big governmental institutionses providing 100% taxpayer guarantees on these mortgages. there's nothing in this bill that deals with those. >> capitol hill says they'll to that next h, but we'll see. let's go through the bill. who are the biggest winners or what are the biggest wins here for first consumers? >> consumers are quite a bit better off. and the reason for that is over time, consumer finance has been a classic race to the bottom business when it comes to practices. as someone who wants to com meet with sort of honest and trar transparent practices, there's no way to win. and as a result everyone keeps perpetuating bad agents.