arthur levin, is that a good thing? >> it's neither a good thing nor a bad thing. there are a lot of other aspects to that. i think that in and off itself is not a bad thing. >> for those recalling for the rrl of glass stegall, breaking up the business banks, your message then is what? >> i think that community banks are part of this process. i think that i would feel that we had a much healthier environment if we had more banks, more investment banks and i wish we hadn't broken up frank i lp. >> peter if you look across major economies in the world, if you look at the oecd countries, you're banks are smaller by a lot than the banks relative to gdp, relative to of our we have many, many more banks than any other major economy in the world. so i think that's the first point. the second point is, you know, the dodd/frank statute includes a whole range of things that include new kinds of concentration limits and a set of disincentives for banks to grow bigger and to do riskier things that are about making sure that the regulatory system, which it hasn't been very well

arthur levin says the restrictions placed on what analysts can say may mean nothing improper was done said. and on top of the problems that the ipo had at the starting gate, the technical glitches, the damage is more than monetary. it's eroding investor confidence, especially coming on the heels of jp morgan's $2 billion loss. >> clearly, it's a black eye for the industry and all the participants. this was -- company was supposed to be a showpiece for american capitalism. instead of that, it's become a laughing stock. that's going to pass, but it's a fact. we don't look good and something should be done about it. >> one of the changes he wants to see is to be able to publish analyst reports on the web so it's a level playing field and information is disseminated to everyone. >> you mentioned some glitches. some people don't know whether they own facebook yet or not, right? >> talk about investor anger and outrage. so much confusion with that starting on the opening day. there's confusion about who owns what. >> they're still expecting more lawsuits as well? >> yes, definitely. just ta