you seemed to lay out a defense
for john fein, merrill lynch.
>> i didn't own merrill lynch
stock but if i had, i think
anybody would be defending john
fein.
there was a man who come in to
run merrill lynch for 10 or 11
months.
he was completely unemotional.
he saw within 24 hours, 48 hours
in the famous speech in the
middle of september when lehman
brothers fell, he saw what was
likely to happen unless he took
very quick action.
and he did the deal bank of ame.
>> but you think he saved
merrill lynch?
>> he did a fantastic job for
share holders.
he said merrill lynch, unless we
do something, the bank will go.
>> and paulson actually did
everything he could do to save
lehman brothers.
>> yes, i think when history is