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Adviser. under jon corzine, it became a trading operation and now it's more of a trading operation. the issue is that there are more short-term focused and what can you do for me today? the issue is that goldman sachs got a lot of bailout money from the u.s. government and was one of the first to run to the federal reserve and make itself a bank and became a bank in order to avail its of federal reserve discount window money. that's the issue here. was the united states government -- not basically on the stick there in watching who was coming running from wall street and getting federal reserv...

Have down side to them. that's true. it's investing. it's not risk free stuff. but if you're selling this product knowing from the jump this thing is absolutely going to fail, and 99% of the securities that were part of this collateralized debt, were downgraded by the ratings agency. if you know going in this is bad and goldman sachs is pretty much the gold standard for these. but keep in mind, goldman sachs changed dramatically the last several years. this is not some wise council who is telling you how to conduct business. this is a company effectively a self-involved trading operation. >> s...