dow jones industrial average, there's actually a sharp corner where the graph goes up. that was the beginning of the.com bubble. why did that happen in 1995. why didn't it happen in 1985. why didn't it happen in 2005? why didn't it happen at all. >> the depression era generation is retiring it understood the dangers of financial risk they had grown-up in the great depression. the baby boomers that took over only knew the upside only knew about prosperity. they took over wall street and had the hunger for profit they realized something else that up until this point the investment houses had been partnerships. >> all of the banks that blew themselves up they were all publicly traded bear staerns, neiman brothers, they used to be partnerships and now they became publicly traded. >> when you were a partner in a