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System. >> it cost america billions in paperwork but did not prevent madoff's fraud or the next bubble. >> the economy crisis big bank in a death spiral. >> banks make bad decisions. it makes sense you should have a rule to stop that. >> no. >> what about that cayman building. doesn't it suggest tax fraud? thousands of companies are registered here. >> it has nothing to do with taxes. in delaware that's buildings that have ten times or 100 times as many registered companies. >> it's true. companies register themselves in delaware because delaware has simpler rules. i once started a business th...

Our markets? >> that save us sarbanes oxley which cost americans billions in paper work but did not prevent madoff's fraud for the next bubble. >> the economy in crisis, big banks in a death spiral. >> banks make bad decisions. it makes sense that you should have a rule to stop that. >> no. >> but what about that cayman building? doesn't it suggest tax fraud. thousands ever companies are registered here. >> it has nothing to do with taxes. in delaware, there is buildings that have ten times or a hundred times as many registered companies. >> it is true. companies register themselves in delawar...

Markets. >> that gaye us a law that cost americans billions in paperwork but didn't prevent madoff's fraud or the next bubble. >> thanks make bad decisions. it makes sense that you should have a rule to stoch that. >> what about that cayman building? doesn't it suggest tax fraud? thousands of companies are registered. >> it has nothing to do with taxes. in delaware they have 10 times as many companies. >> it's true. companies register companies in delaware because they have simpler rules. i started a business there in one week. >> fox t-shirts. fox hats. great stuff here. >> i could have regis...

Our markets? >> that save us sarbanes oxley which cost americans billions in paper work but did not prevent madoff's fraud for the next bubble. >> the economy in crisis, big banks in a death spiral. >> banks make bad decisions. it makes sense that you should have a rule to stop that. >> no. >> but what about that cayman building? doesn't it suggest tax fraud. thousands ever companies are registered here. >> it has nothing to do with taxes. in delaware, there is buildings that have ten times or a hundred times as many registered companies. >> it is true. companies register themselves in delawar...

Our markets? >> that save us sarbanes oxley which cost americans billions in paper work but did not prevent madoff's fraud for the next bubble. >> the economy in crisis, big banks in a death spiral. >> banks make bad decisions. it makes sense that you should have a rule to stop that. >> no. >> but what about that cayman building? doesn't it suggest tax fraud. thousands ever companies are registered here. >> it has nothing to do with taxes. in delaware, there is buildings that have ten times or a hundred times as many registered companies. >> it is true. companies register themselves in delawar...