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To have overcharged on military mortgages. one of the victims, julia rolls told us the bank gave her the runaround. >> it seems like we were talking to someone in india or did not care to talk to any of us. we are always wrong in the eyes of chase. >> now the consumer financial protection bureau is calling on big banks to obey the law, particularly as it pertains to military personnel, congress holding hearings on the issue next week. joining us. ashwin madea. he's collected 9,000 signatures on his group's petition to congress asking for an investigation. ashwin just how prevalent is the evide...

Of a life insurance payouts? >> yeah, unfortunately it's much too big of a target. you have service members employed in very dangerous parts of the world. they're focus on mission accomplishment and keeping themselves and the people around them safe. meanwhile, you have these banks preying on their families that's away. i think it's wrong and i think we ought to investigate and punish the banks that are doing it. >> give us a sense of what you're trying to accomplish with this petition? tell us more about your actual plan here? >> yes, sir. what we're trying to do is get to house committee on ...

Too big to fail. there was momentum there, but people didn't feel actual pain in their lives right away. that energy it really dissipated quite quickly. and instead what we got was a subsidized big finance that was then used its restored power to essentially undermine reform by lobbying against it, and that that happened? it's breathtaking. it's incredible performance. if you look at wall street's performance and say, you know, who gets the prize for influencing the culture, it's unbelievable. it's unbelievable. >> if you were to look at this investigation, and the budget for the fcic investig...

From my view that much more disappointing, stating largely what we already know, doing an exceptionally good job of capturing the narrative of the corruption in the system. but, again, without prosecutions for those responsible, or at least using this report as a catalyst for a more granular investigation from the department of justice. it's very unclear that anything will prevent it from happening again. joining us is michael lewis, ought thor of "the big short, inside the doomsday machine." if you have not read this woog or have any interest in the way our economy functions or modern finance...