the risk andook at activity, not just the firm. >> are you at all comforted by council hast the welcomedore folks with insurance backgrounds to start trying to figure out how best to regulate the space if they are going to identify people like metlife into systematically important? important. they operate differently. they have different asset models, different capital requirements. bringing in those kind of backgrounds is really important. also being aware of what is happening globally. if the united states approaches out of sync with the global approach, it puts companies at a disadvantage. >> we're talking about the difference between regulating funds and managers. as you look at the risk still in the system five years after this crisis, do you think there ought to be some more regulation on level?d >> not necessarily. >> the group does research on these issues. they issued a report recently on the considerations. flawed.ythologically it gets to the point of when you look at it, don't you say the firm, look at the activities underneath the label of the firm to see if they are really r

i know a lot of analysts and traders and i think the older people, andooks at i could give you a list of a dozen females who are comfortable with analysis. >> based on the millions she makes, i think she gets it. >> i don't think that assumption holds true anymore. i love writing. you mentioned the noise earlier i love talking about the noise that creates this false narrative that allows investors to be comfortable even when they are completely and utterly wrong. >> all right, then how about central banks to get us comfortable by pumping money into this system, and allowing investors to forget that underneath it all, these economies are rotting piles of garbage? >> it depends on what your job is. -- our job is to >> of people and make them feel ok? ande a grad student at nyu scratcher beard and smoke close cigarettes, -- >> was this you in college? are there pictures of that? >> might -- my twitter picture is from college. otherwise, your job is to say, what is the impact of qe on asset classes? and then deploy your actions appropriate lee. i love the guys screening about alan greensp