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out the second largest failed bank in u.s. history we're going to have the latest on this developing financial crisis. >> tell you what, it was a crazy weekend. yesterday, the white house working along with people across the financial industry, doing everything they could to stop a meltdown. >> yeah. >> and it looked in the early afternoon like that meltdown was coming they understood that china's markets were going to be opening at 8:00, 9:00 at night, and they had to get things lined up before then so the asian markets didn't collapse, which would cause u.s. markets to collapse thi...

-- hold any civil or military office in the united states, or any state whhad previously ta oath, as a member of congress, or anficeof the united states. shall have engaged in insurrection or rebellion against the same, or given aid and comfort to the enemies ereof. as portnoy veed, to keep, quote, emerged hat debate of the framers of section three. the firs former republican senator fredrick van winkel, who said that this would go into our constitution, and to stand to govern future insurrection as well as the president. i should like to have that point definitely understood. the second quote...

Was going to get their money, that they were going to get their deposits. >> you're certainly right, dthat debate was held over the weekend as to what to do for this bank which clearly makes mistake. politically problematic, perhaps, clientele there, not the people you necessarily want to be seen as lending a hand to. but there was too much risk involved they couldn't -- this is still somewhat of a fragile economy in some ways. certainly a mixed bag. you have these booming jobs reports each month beating expectations of course, you have inflation high you have jerome powell expected to raise r...

Does this healthcare in massachusetts, or his statements about it being a conservative idea, this mandate do those statements ever come back to haunt him in the primary season? >> well look, the president has already said this any number of times. in fact as recently as the bus trip last month the president was sa 1 ç!ú b9n all we did in washington is what they did in massachusetts. look, governor romney has a chips. he gets to either have a debate with president obama about how his plan is different than president obama's or he gets to have a debate with fellow republicans over the issue. i...