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They just outsourced this banking function. that's where it's going. the banking can -- >> one brief point -- >> i'm sucking the point is to deter putin. and to have in your quiver a lot of options that he and the rich shan establishment are aware of. not to deploy it but a range of options depending on what he does? >> it's interesting the point is to deter putin. another possible point is to convince the oligarchs to turn against him. don't see any level of these sanctions accomplishing that. it's annoying to have a travel ban but the immediate report suggests the oligarchs have doubled down...

Bill if it wasn't tough on wall street. bill: i'm holding an article here from september of 1999. "the new york times." the title is "fannie mae eases credit to aid mortgage lending" and the article is a page-and-a-half but they went to the critics of the bill that was passed, to change the rules for how americans are able to get loans, in september of 1999... >> when we basically allowed wall street firms to get into all kinds of other... derivatives and financial products -- >> let me get my point out here -- >> okay. sure. bill: every point that they raise about the changes that were made t...