lot of money on campaign contributi contributions. he gave hundreds and thousands of dollars to rick perry's gubernatorial campaign but rick perry and phil gramm go way back. perry was a student at phil gramm's texas a&m university who was an economic student for him and a sourcer for the story who said he literally worships at phil gramm's feet economically. so this goes very, have been far back. they're very close. but of course there's an awful lot of money involved in it as well. >> so the underlying message, i think, in this story is in the big picture, wall street is really going to like rick perry. can we draw that conclusion? i mean this guy's willing to do deals so big financial firms and banks can haul in a ton of dough. that's what i'm taking from your story. in guy will be wall street friendly if he's ever given the opportunity. fair enough? >> just about the only thing that's clear from this deal that phil gramm concocts is that he and ubs will make a lot of money very quickly. it's not really clear people who actually buy these bonds are going to do and it's really not