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You think we're gonna have another -- them.
Oh I think we're going to have another meltdown if we did somebody went I can't you be precise date not -- of -- -- -- talk -- but I hope to build an eight.
All -- incentives everything that was broken about our financial system back in 2008 of having institutions that were just too big to fail.
And all the problems that -- got rid of that man today Patel doesn't exist we actually made it worse idol they're now twenty to 25% larger than they -- into -- -- America's on the brink or Citi -- on the brink.
You think we'll still rescue them.
I don't think there any serious person could have any serious question what about -- -- -- lose you know and the and the -- wells that they'll let -- submit these financial.
That that -- here we are -- that since we sell off when everything it's event.
You don't get through the -- -- -- completely unrealistic during a financial crisis that -- that wants to buy even.
Who's gonna assets will be who's gonna buy it in these these banks are so in multi trillion dollars you only the only -- -- possibly -- them is another multi trillion dollar institution.
And we know that their risk is all correlated in part because of the -- -- the regulations are set up so I mean it's it's a pipe -- -- headed down the exact same path we're in 2008.
But because of government policy and making these banks bigger and more dangerous than ever it's going to be an even bigger financial crisis I don't.
Is any guarantee he will whether -- this president or Mitt Romney becomes -- -- my Thompson and Romney about this couple weeks ago because it it was designed -- Thomas finishing your book.
And I head down I didn't wanna give way to book about it -- kind -- to provide -- -- -- because it's a big deal but at the one -- that raised and would you as president ever do.
A bank rescue again -- -- BankAmerica was on the -- and it was very vague about well.
They have to look at the circumstances.
We we can't do this again again but I think what you did -- -- -- of course we do it.
The only way to prevent it from happening is to do something about it now.
In the midst of a crisis your options become very limited and if you're looking at staring into the abyss of a global tiznow crisis is what triggered down now right now you know even sandy -- -- did.
The former executive at Citi that sort of created the super bank model who led the fight against glass -- Which resulted in these mega banks has now turned as now changed so that America get rid of Merrill Lynch get rid of Merrill Lynch.
Only thing that should be left the bank America is commercial banking.
Borrowing lending straightforward out of it's gonna happen so another crisis is gonna and you know that's why I wrote this book you know I wrote this -- so the people can understand.
Just how under control.
On -- government has come under these banks with specific examples given that evidence so they can demand the necessary change that we need.
So that our government could work for us not for a group of Wall Street executives.
Well put it's a very -- -- because of what they always.
And despite an obvious fact you'll you'll you'll read in this book is that on the heels of dolphins -- can't -- perfect but -- -- the.