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They are wards of the state. we need to get banks out of trading. banks should be in the business of taking deposits and lending. if you want to be gold man sacks, give up your bank charter. do that, but don't have the fed window. don't have deposit insurance which their bank has. >> and then walk around like you're a tough guy. thank you very much. come back sooner rather than later. you set the table perfect for tomorrow. nice to see you. i look forward to seeing the debate tonight to hear these two throw housing and unemployment at one another. next up here, paradise in par el. what we're p...

Fighting for example for $185 billion bailout of aig. guess what, chris? it turns out that goldman sachs got $13 billion repaid from aig to goldman sachs. 100 cents on the dollar. now to my mind, that looks like a conflict of interest. that is what the gao will take a look at. you have situations where stephen friedman, a member of the board of goldman sachs happened to be the head of the new york fed. in that capacity he pushed for goldman sachs to become a bank holding company gaining access to the fed window. he also bought a lot of stocks which went up during that period. to my mind, again...

Fighting for example for $185 billion bailout of aig. guess what, chris, it turns out that goldman sachs got $13 billion repaid from aig to goldman sachs. 100 cents on the dollar. now to my mind, that looks like a conflict of interest. that is what the gao will take a look at. you have situations where stephen friedman, a member of the board of goldman sachs happened to be the head of the new york fed. in that capacity he pushed for goldman sachs to become a bank holding company gaining access to the fed window. he also bought a lot of stocks which went up during that period. to my mind, again...

On "meet the press" and they're talking about this $50 billion fund and this is what will happen if a major firm, you know, blows up, we'll wind it down, we'll wrap it up in a box and put it on the shelf and everyone will be -- why not do something before that happens? >> you mean like too big to fail? >> yeah. like why not make it so that doesn't happen? >> on the front end. >> exactly. >> that's a very good point. some parts -- see, this financial bill is such a work in progress right now. part of it is separating pieces of the firms, like the credit default swaps, taking that away from the ...