with great strgth in terms ofhe commissioners d board members and are particully strong staff withhe maate and the authority to goanywhere they wa, it is a way of rlly gettg at the sysmic risk oblem. >> susie: u're proposing the oversi board and treasury secretary geithneraid you can't put out a fire with mmittee. >> the kd of editing we're talking about here is a sll group that bypointment and the people apointed have different dimensions of experience a a strong cirman >> susie: and said hedge funds and ivate equity fuse registered witthe fcc. bernie moff's funds were restered and also cheed thousands of investors so why would this work. >> he didn't register. the ing regtered was a different business so thisther business that wasuch a fraud was not registered nobody knew about it. it only seems logicalhat if funds are put together wheth you ca them hge funds or whatever tre should be some authority that that's right to go in and look at the procedus wiin that fund and lookt things such as h they price their securities, at cflicts of interest they have, etcetera, etcetera. >> sie: i'm su