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shares of mufg, mizuho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we've seen credit suisse drop another 5% in early trading. on monday, major us banks lost around $90 billion in stock market value, bringing their loss since svb's collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we're nowjoined by greg swenson, who is an international investment banker and founding partner at brigg macadam. good to have you with u...

Was a fraud the day i met him, and it was quite easy to pickf out. au >> well, so you assessed hisy character and his vibe because you met with in person. >> you also assessed, you know, the the fundamentals of his company. as someone involved in business would. >> why didn't the regulators do that? where was gary gensler? >> well, i don't know what gary gensler was, but my regulator at the cftc, i bribed i asked them why in the world are you invoking the commodity exchange act, section five , paragraph b , which says commission will entertain innovation. it also says in that same part of the ...

Now time for "the last word with lawrence o'donnell." good evening. >> good evening. we'll be joined by one of the three "the washington post" reporters, as you know, who broke this story tonight. but before you go, i want to read to you the law on the inspector general. you were discussing this in the last hour as the news was breaking during your hour. i managed to get my hands on the law. it is fascinating. because there is nothing i see in the law that supports the withholding of this inspector general's report. >> yeah. >> it says, on receipt of a transmittal form the inspector general un...

It. >> if the inspector general does not transmit or does not transmit in an accurate form the complaint or information described in paragraph b, the employee subject to the clause may submit the complaint or information to congress by contacting either or both of the intelligence committees directly. the employee may contact, only if the employee, before making such a contact furnishes to the director a statement of the employee as information and notice of the intent to contact the committee's directly this. employee has fulfilled some of the conditions already, the only other condition that...

Does not transmit or does not transmit in an accurate form the complaint or information described in sub paragraph b the employee subject to the clause may submit the complaint or information to congress by contacting either or both of the intelligence committees directly the employee may contact the intelligence committees directly as described in clause one only if the employee before making such a contact furnishes to the director, through the inspector general, a statement of the employee's complaint or information and notice of the employee's intent. >> wow. >> to contact the intelligence...