will go. >> when the housing bubble burst and markets fell people intuitively felt someone must do something. >> the politicians in there said we know what to do. senator dodd and congressman frank will write more rules to make sure it never happens again. and so they wrote. and wrote. hundreds of pages. they say this will create a new financial system. >> one that is innovative. creative. competitive. and far less prone to panic and collapse. >> why is dodd frank a good thing? >> well, consumer protection. an agency dedicated to make sure that financial products like mortgages, credit cards have si simple contracts easy o understand. transparency is a good thing. >> is dodd frank simple. did you read it? >> yes. >> did you understand it? the whole thing. all these pages. you understand these? >> i stayed up and read this thing. and running a bank is