security mortgage-backed securities, they had lost market value. all right and we are on the same page on that, then i appreciate that. yellen also testified that not raising the debt ceiling later this year would be devastating to the banking sector joining us now to help break this down business and policy reporter for the new york times lauren hersh. great to see you again busy day in the banking world yesterday. tell us where things ended up as the dust settles. it was a crazy 24 hours covering it and i think for basically everyone involved. the whole thing was put together in about 48 hours. jamie dimon the ceo of jpmorgan was down in d.c. for work anyway this week, you had the treasury, fdic and fed all working together to create this public/private partnership we haven t seen in decades in terms of coming together for the banks. as of 24 hours ago they didn t even have enough money to put in as much as they want
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leaders to get this to change? what do you want to see them do? a simple thing, everyone get on the same page and let the judges judge. it s that simple. you spent your entire life studying the life and that is your career, let the judges do it. it is the same thing. you look at the stats and everything, it is same repeat criminals doing this. get on the same page already, let everyone feel safe. let the cops do their job, we need the balance if you are born and raised new yorker, no one wants to go back to the years. we were trending in a great direction, let s stop repeat criminals. todd: also needs to be a sense of urgency from those in charge. i appreciate some leaders are acknowledging the problem, we got to get going, small business owners don t have time. they will shut down business, go
fulcher circle. [laughter] greg: terrible. the administration! no, he s fine, great help. he s fine. greg: cory. thank you. greg: i believe this is the only show probably the only network hovering the study. i haven t seen it anywhere but then again i m lazy. it shows once again governor desantis had it right from the beginning. he didn t allow, you know political science to overrule medical science. he did look at the fact he knew what locking schools down longtime would do to children. he understood locking down business would impact the gdp. but it shows once again you have someone like governor cuomo fantastic and the way he presents things. it was all political optics and gas lighting over strategic understanding of what this actually was. so began my hats off to governor cuomo nine and how we handled it with president trump. greg: do you remember the good old days of all the dems
fulcher circle. [laughter] greg: terrible. the administration! no, he s fine, great help. he s fine. greg: cory. thank you. greg: i believe this is the only show probably the only network hovering the study. i haven t seen it anywhere but then again i m lazy. it shows once again governor desantis had it right from the beginning. he didn t allow, you know political science to overrule medical science. he did look at the fact he knew what locking schools down longtime would do to children. he understood locking down business would impact the gdp. but it shows once again you have someone like governor cuomo fantastic and the way he presents things. it was all political optics and gas lighting over strategic understanding of what this actually was. so began my hats off to governor cuomo nine and how we handled it with president trump. greg: do you remember the good old days of all the dems