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>> two questions about her which i think you know the answer to. one is her organizational capacity. >> right. >> it's not that she is out there, arguing, litigating every single case out of the s.e.c. you need to be able to run the agency. >> right. >> two, her understanding of the implications, the moral implications and legal implications of complex financial doings. is she capable over doing it? >> look, she is as smart as you will find anybody to be. she understands all of this. i've been on panels with her. we have sometimes jousted with remedies because she was still representing these ...

Think you know what? i would love you guys to hire me maybe, later, i want you to have positive associations with me when i give you my resume. >> absolutely, but mary jo doesn't respond to that, first, i don't mean to pass judgment. she is independently wealthy, her husband is very successful as a lawyer. money is not what drives mary jo, she values the integrity. not to say necessarily she is going to be good. but as i said a couple of moments ago she brings the cases, seeks the remedies and changes the rules to empower shareholders, she has the intellect and capacity to do it. we'll have to...

I don't mean to pass judgment. she is independently wealthy, her husband is very successful as a lawyer. money is not what drives mary jo, she values the integrity. not to say necessarily she is going to be good. but as i said a couple of moments ago she brings the cases, seeks the remedies and changes the rules to empower shareholders, she has the intellect and capacity to do it. we'll have to wait and see. that is why being agnostic about what we think is the better approach. and the ceos having a drink tonight, saying i don't know if i should be happy or terrified, in answer to your questio...

Two, seek remedies that go way beyond money. reorganize the banks and is the way they do business. remedies has been the problem of the s.e.c., even when they prove guilt, they say pass a little money and we go away. that's not enough. and three, the rule-making capacity. and i don't just mean rules about how they issue their proxy statements. i mean rules that empower shareholders to finally run the companies on the behalf of shareholders, not on behalf of the ceos. those are the three different metrics i'm looking for. >> two questions about her which i think you know the answer to. one is h...

Shareholders, not on behalf of the ceos. those are the three different metrics i'm looking for. >> two questions about her which i think you know the answer to. one is her organizational capacity. >> right. >> it's not that she is out there, arguing, litigating every single case out of the s.e.c. you need to be able to run the agency. >> right. >> two, her understanding of the implications, the moral implications and legal implications of complex financial doings. is she capable over doing it? >> look, she is as smart as you will find anybody to be. she understands all of this. i've been on pa...