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>> bill: speculators are saying it's going to be less so they're betting on it going down. >> speculators have less enthusiasm right now because they have higher margin requirements. >> is it a coincidence when congress brought, in the senate brought in the ceos of the big oil companies almost immediately after that. >> they were intimidated by. >> you are not buying that though, right? >> no, i'm not buying that at all. not at all. first of all, the folk who were quote, unquote, grilling them have no concept in the world of what they are talking about. >> bill: you know how i have solved this...

Gallon. >> bill: speculators are saying it's going to be less so they're betting on it going down. >> speculators have less enthusiasm right now because they have higher margin requirements. >> is it a coincidence when congress brought, in the senate brought in the ceos of the big oil companies almost immediately after that. >> they were intimidated by. >> you are not buying that though, right? >> no, i'm not buying that at all. not at all. first of all, the folk who were quote, unquote, grilling them have no concept in the world of what they are talking about. >> bill: you know how i have sol...

Gallon. >> bill: speculators are saying it's going to be less so they're betting on it going down. >> speculators have less enthusiasm right now because they have higher margin requirements. >> is it a coincidence when congress brought, in the senate brought in the ceos of the big oil companies almost immediately after that. >> they were intimidated by. >> you are not buying that though, right? >> no, i'm not buying that at all. not at all. first of all, the folk who were quote, unquote, grilling them have no concept in the world of what they are talking about. >> bill: you know how i have sol...

>> what would be those top three things in that bill? >> first thing we have to deal with too big to fail. we absolutely have to deal with too big to fail. we also should be dealing with the regulations, making the laws and not leaving it to the regulators. when this happened in 1929, we passed a whole series of legislation, glass-steagall act. margin requirements. we set the the fdic. that was by law. and it worked pretty well for about 50 years. then we started chipping away at it. really got rolling in 1999 when we did away with glass-stegall. didn't do the things we could have done in regu...

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