economy means you can't throw them out of business, i think the government regrets what it did to arthur andersen in the wake of the enron scandal, where it shut that company down, it threw a lot of people out of work. but that doesn't mean that mary jo white won't be able to take on individual offenders, even high-level offenders, and prosecute them to the full extent of the law. i expect her to do so. > what kind of problems could she encounter? > > she may be conflicted out of some cases just because she has worked for those clients in the private sector, and so she may have to recuse herself from some matters, for at least a little while, assuming she gets confirmed to the job. > how likely is her nomination? > > it's hard to speculate. political observers know better than me, but everything i've seen makes it sound like she is a likely shoo-in. > > thanks for your thoughts today. > happy to do it. still ahead, investing in experience. some students are finding it pays to study abroad early on. find out more next with bill moller. there's nothing like giving a teenager a new perspective about

jeopardize the financial syssem and i think everybody has in the back of their mind what happened to arthur andersenfter enron, that company went down in flames. if a large bank were to go down in flames, and woul could take e economy with it, what is the solution to that problem, what do we do about that? that seems unacceptable especially since we bailed them out. >> senator brown and i want information on the basis of this judgment. if they are too big in that instance and maybe something needs to be done about that, some of these banks were involved in money laundering and drug money. this is pretty heavy stuff, if you're involved in those operations and you know about it, we ought to at least know who made the decision that we weren't going to do that, and if you cannot enforce laws against money laundering, it is pretty bad. we had to get to a situation where you violate laws like that cathat, you can be punished. gerri: hsbc faced a money laundering fine of $2 billion, a record only 11% of the profits from last year as a comparison. give me a little rule, hsbc wasn't all that much i suppose.