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World. Im Fareed Zakaria coming to you from aspen, colorado. Today, an extra special program with three, yes, three former secretaries of the treasury. First ill auck to Henne Paulson and Timothy Geithner about the downgradingst u. S. Credit ratings and the struggles the chinese economy. And then robert rubin talks about how to make hard decisions. And what a yellow legal pad has to do with that skill. Finally, david byrne came to fame with his new wave band Talking Heads. Some 40 years ago. I talk to him about his latest wave of creativity which includes a musical about former philippina firs...

What lesson did you learn from that? when you look back, how do you apply the lessons going forward. >> well i certainly did not see that housing crisis. i was thinking about a lot of different things and i thought there were a lot of excesses and i didn't think of housing as one them. i should have. i don't think it would have made in the difference at citi because i was a senior counselor but not in a decision-making position. look under the hood and have a question mindset and almost nobody including the fed and analysts and bank regulators and i mean some did but few did but people saw the...