now, the treasury secretary,
again hank paulson, remember,
goldman sachs' c.e.o., he
decides he needs somebody to
head up tarp, you know,
somebody to make sure he can
figure it out.
who do i know, who i do know?
there is this guy at goldman
sachs, neel kashkari, he
decides he will be appointed
to oversee tarp.
he changes -- one of the first
things he does is goldman
sachs has to be changed to a
bank holding company.
why?
well, you know, that way they
can have access to tarp, fdic
money, get money from the fed
in the discount window.
that way, they can be saved.
right.
right.
so kashkari, after he makes
this decision, he's out.
i mean, he's still in the
system.
he's out.
he has been replaced now by
gary gensler.
what a surprise!
gary is the former partner at
goldman sachs.
now, once kashkari has made
goldman sachs a bank holding
company, they don't have that
pesky s.e.c. thing, you know,
to look them over.
instead, no, no, no, they have
a guy named steven friedman.
he was the former...