ratings, maybe we'll see some reduction in the amount of debt banks can take on. basically, what we've had is a codifycation of the 2008 bailouts of wall street. and now our firms are officially systemically important and implicit too big to fail. >> wait, there's been more capital standards that have been raised. banks have to keep more capital, which is a buffer between them and trouble. i think that's an improvement, isn't it? >> we'll see. that's not entirely clear yet, how that finishes up. but i think that that assumes that regulators know the right amount of capital and they've set the right rules on what counts as, in terms of the risks of certain assets. a lot of variables there. but what's really amazing is if you think of the outrage back in 2008, taxpayers finding out, we're standing by investment banks, bear stearns, we're standing behind wall street trading. >> bear stearns did go under. >> no, there was a rescue of the
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