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>> trump's campaign chairman. i don't know how much closer you have to get at this stage and manafort is not some errand boy. he ran the campaign. and i think the opinion makes it clear that klemnick -- and the manafort relationship that we know of in terms of their meeting in august, is really what leads to all the redacted aspects of what was released today. there is other investigations going on. at one stage the judge writes basically most people know that manafort earned about $60 million from the ukrainians. he was in absolute debt when he becomes the unpaid chairman of the trump campaig...

History. >> bear stearns was an investment bank, and investment banks are not the same as banks. they do not have small depositors. you and i cannot go in and open up an account. investment banks are very sophisticated investors who do and should know the risk of the institution when they do business with them. >> bear stearns was one of wall street's major firms, but with a slightly riskier, edgier reputation. >> where goldman sachs is the queen and morgan stanley went to harvard, bear stearns was the guy flipping you the bird in the corner, and it has probably a greater percentage of this to...

Powell. and probably he cannot. but secondly, it made perfect sense for steve mnuchin, the treasury secretary to check in with banks, but to announce that you are doing that made everybody say, is there a liquidity problem, so those were the starter steps, but i think that the market to decline even though we have a small recovery today is adding to this sense in washington, i can tell you coming up from there, of things kind of spinning out of control. and it forms the backdrop of all of the things that we are talking about including government shutdown. >> let's talk about that a little bit,...

From steve mnuchin and then people said who asked about a liquidity problem. >> why is he calling banks? >> what you have is the president's advisers doing what they can to mitigate the impact of his behavior. this was a somewhat more successful attempt by kevin hassett. the problem with an unpredictable president is you never know what will happen next. with this president, what is he going to say? how is he going to react to the next setback or bit of bad news? he has been sitting in the white house residence watching television and tweeting at enemies and that does not reassure anybody. >> ...

>> i'm seeing a lot of investors trying to wrap their heads around why treasury secretary steve mnuchin made these calls individually, one by one, to these bank ceos on a sunday. kind of reminiscent during the financial crisis when you had these investment brokers making these liquidity calls on sunday to preempt the market action on that next monday. so this is kind of causing some fears here in the market. as you can see playing out here on the dow, the dow down 368 points. if steve mnuchin was looking to calm the markets, i would say this was certainly a misfire. ceos are calling this call ...