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that act like brick and mortar banks and those that take risky bets as people said at the time, this is going to ruin our financial institutions and drag down our nation, and, sure enough, it did, thank you very much congress. guest: i could not agree more. that is my recommendation. not sitting in the senate banking committee meeting and increasing the regulations on banks. shepard: as long as we have an unregulated not out of the open, structure of a trading system that is four times the size of all the economies not world, the unregulated trades will continue to bring us down at any point that the banks screw things up again as long as we have credit default swaps and the rest, that no one has any sunshine on, we are doomed. everyone knows it but no one will make a change. gosh, i wonder why, don t you? guest: yes, shep, classic

Brick and mortarShepard smithSenate banking committeeTrading systemCredit default swapsSunshine onHi wonder whyDont youClassic economic theory