Leverage? where were the regulators who had the courage to come in. >> they were. he hit -- hold on a second, can i give you a specific example? we created a counting standards board during the clinton years and the crisis was an accounting crisis. citigroup and others hid their bad assets on structured in development vehicles. >> isn't that an argument against regulation? >> reporter >> no, it is about doing it properly. the chairman of verizon, a company that is accustomed to dealing with the government that is very want to campaign has complained about the negative environment that obama ha...