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Wasn't trying to bail out any bank or an investment bank. the reason we did this was because of the american people, they were going to pay the price if the system collapsed. and that wasn't -- that point wasn't made. >> reporter: it certainly wasn't made fredricka, i think it still hasn't properly been made. the obama administration is trying, but secretary paulson said another issue that is still at the forefront of americans' minds is compensation. he did admit, he said, listen, compensation always in the banking sector has been out of whack, fred. >> and so is the feeling that this current...

Mistake in the bank bailout. i want you to take a listen to how he explained it, take a listen -- >> what we were against was the anger in the american public that -- that all of us missed because we never made the connection between wall street and main street. i was never able to communicate that i certainly didn't go -- i wasn't trying to bail out any bank or an investment bank. the reason we did this was because of the american people were going to pay the price if the system collapsed. and that wasn't -- that point wasn't made. >> the point certainly wasn't made. and it's not clear, tony,...