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It is supposed to be really safe. it is not easy to see how they lost $2 billion. the broader context is the volcker rule and other in world, the vicker's report, they are trying to make the banking system safer by making it more modular. by saying, look, parts of the banking system may fail but we can't allow the failure of a single part it bring down the whole. and of course j.p. morgan chase was campaigning vigorously against the volcker rule and i think that demonstrated why it is such a good idea in the first place. >> the book is called "adapt." the author, the man you hear speaking. tim...

With that or tuesday mega panel steps in. how is that for a segue? karen, susan and jimmy. good to see you in person. let me start with you. i feel like a $2 billion loss. in a way, capitalism works. the shareholders are taking the hits. i guess what upsets me so much about this story is that jp morgan and jamie dimon and their lobbyists have been the chief fighters against the higher capital levels and against the derivatives regulation that would make sure taxpayers are not on the hook when big banking bets go bad. right? >> i see what you're saying because it's important to keep in mind of ...

Beyond the obviously the intrigue in the theater and one mobster in american history. which is the need to be more aware of what culture. i mean that's really -- and we don't have time, because it's a tv show, we're all sitting here, but we were just saying how the cultural infection, you can see it in the educational system, it comes out, the manifestations vary from everywhere. but it's interesting that i don't know if our problem is money and rules so much as it is culture these days. >> i think so. >> tom foley, the book "most wanted: pursuing whitey bulger, the murderous mob chief the fbi...

Brought forward. >> i am honored today to give my full support to senator mccain's candidacy for the presidency of the united states. >> you can't make it up. endorsements by all appearance really nothing more than another fraudulent flip-flopping act in a rigged two-party political system by two-party political systems that are all over our country with secrecy and two sets of rules. with that said, i still endorse the thursday mega panel, karen, susan and jimmy. hmm. >> enough said, dylan. >> i try to do something constructive here. i begin with suns becausan becas in the room and i can look...

Bill. let's send it over to the senate now! >> we get to the mega panel. equally righteous and profound in their own way and only a way that perhaps speaker boehner can ultimately exemplify. you are in the educational environment, you were an educator of the people of this nation. educate us. how are we to deal with two political parties that insist on presenting us with the edges of the symptoms of this sort of dysfunctional symptom and then want us to fight about whether we should cut oil subsidies or health care for a temporary fix for a student loan rate that completely ignores the underly...