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Will sign and seat of the pants decisions don't count. they're not considered final. and this is a management system which -- and this is why i call it a nervous breakdown of the presidency. >> bob woodward, always a pleasure to have you on. thank you, sir. >> thank you. yesterday was the tenth anniversary of the collapse of the wall street bank lehman brothers. it was a watershed moment in the global financial crisis. what would happen if a crisis of that magnitude happened today? the news isn't so good. i'll explain when we come back. this is not a screensaver. this is the destruction of a...

Ran for president. he is the same trump who ran the trump organization. he is the same donald trump that everyone in new york has known for the last 50 years. this is exactly who this guy is. >> let's listen what bob woodward told rachel about the need to create a process in the white house. john kelly at a certain point, chief of staff realizing that they had to do something so that when donald trump simply tweets something or says something, it doesn't automatically become the next action of the white house. let's listen to this. >> presidents can do wonderful things and they can do disastro...

Who is the chief of staff, sits down with rob porter who is the staff secretary and says, we need to write up rules and we need to tell the president that if he makes one of these seat of the pants decisions, it's not final. we have to sit down and have a process where the president will actually literally sign a document, a decision memo. it's not final. you can't run around and do these things. there's got to be a process. you've got to hear arguments. and time and time again -- sometimes he does, but time and time again he doesn't. >> david koran, doesn't sound like the process is working. ...

Then we learn his attorney slapped a restraining order from talking about the affair with the president and robert mueller before the president took the of the was designed to create a back channel to the russians him thursday, president trump signed proclamation on steel and alluminum tariffs. as american allies promise to retaliate. we are talking about the i alone can fix it, the president announced a meeting with north korea kim jong-un, last night in pennsylvania, the president bashing opponents and pushing for rick saccone and screaming headlines and seat of the pants decisions is indeed...