You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.

President Clinton is going to embrace President Obama as he should. They are working together. They're different kinds of people. Obama is cool Clinton is a schmoozer. Both are great speakers. It's a great merging of the party.