barney knew a speculator named charles morse. and a partner, frederick hines, schemed to manipulate copper's price on wall street. copper was a hot item many people speculated on. there is debate, historically over the extent of barney's involvement, but many believe he made the behind-the-scenes arrangements as the morse-hines combine began setting its trap in early 1907. historian robert sobel explains. hines came to new york where he met morse a small-time speculator. their plan was to get several banks behind them and use the banks' assets to create a new copper company united copper, push the stock up, and squeeze those people who sold the stock thinking it would go down. what happened? the stock market was heading downward because of a money crunch. the economy was overheating. many people were frightened of a crash. they took their gold out of the banks. people knew the knickerbocker was connected with united copper, which started to collapse. depositors started to appear and said, "give us our gold," and the money started

barney and i both understood it. barty was the first one to a splendid to me -- barney was the first one to explain it to me. he used the word, counterfactual. you are never going to get credit for the crisis you avert. crisis you avert. this infuriated the american people. to get your specific question, i hate it. i hate the turmoil that we have seen and the politics around the appointment of the next chairman of the fed. i do not like the way this is been handled and i would like to have a decision made quickly. we have good people. larry summers is a good man and is highly regarded. i -- you know, janet we yell and janet yellen, the key thing is that we have some good candidates and this is an important decision that president obama has to make. i have always argued that president bush made some important decisions and ben bernanke was a good one. this one is important. what bothers me about washington is that people disagreed with your policy and go after you on all kinds of other issues and personalize it. i'm s

but barney was the first one that explained it to me. the first time i heard the word not being a law student, counterfactual. the bonuses were illegal. they were. the last thing to get to your specific question -- i hated -- i hate the political turmoil we've seen and the politics around the appointment of the next chairman of the fed. i don't like how it's handled. good people, larry summers is a good man. he's highly regarded. he's faithful. janet yellen, outstanding. there are the key thing is, you know, we've got some good candidates. this is a very important decision. president obama has got to make. i always argued that one of the -- president bush made some very important decisions. i think picking ben bernanke was a very good one and very important one. i think this one is important. one of the things that bothers me about washington is sometimes if people disagree with you on policy, they go after you in other issues and personalize it and so on. >> one of the most distressing things about me is -- and i blame -- i'm critical o

former congressman barney frank is also with us this morning.we, of course, are going to be talking about financial regulatory reform. but given the news over the week, we've got to get your thoughts on larry summers taking his name out of the race. i'm going to go to you, mr. dodd, only because you approve bernanke -- you could have been doing this this time around. >> could have been. >> summers -- >> not this congress. >> would summers have made it through? >> i think ultimately might have. i think presidents normally get their choices in these matters. it's not a lifetime appointment. it would have been difficult to speculate about that. i think he probably, in the end, it would have been ugly, it would have taken a long time. but my guess is you'd have to say the president gets the choice in this matter. >> barney, you were saying before you thought this was the right decision -- >> no. >> no? not the right decision. >> oh, i think larry made the right decision given the senate opposition. given, first of all, and chris is the expert on wha

. >> oh, barney, barney -- >> and so they could vote no -- >> don't talk about our secrets in this forum. >> doug is recalling the suspense of the campaign amid that vote. >> i did peek when he suspended, to be honest. >> there'll be an extra session afterwards. >> barney, did you feel that tarp was going to go down any system with it? >> i didn't. and by the way, bill had mentioned people said this could be as bad as the great depression. it could've been worse for this reason. seven years ago, you had geographic particularly cared things can happen in one part of the world that would not necessarily destroy the other. by 2008, we were on one grid. so people afraid that they would not get paid -- i mean, that had a global shock. that is why we knew we had to do it, though we had some differences about relief and compensation. when we lost on the floor of the house, i was sure it would be turned around. two factors. first of all, bill knows this, when a measure is coming up, the people who are for it tend to take for granted that it will happen, and the people who are against it scream a

barney was the first one that explained it to me. the first time i heard the word, not being a law student, counter factual. you will never prove a counter factual. you will never get credit for disaster you avoided. i agree with him, legal though they were, upset a lot of people. it infuriated the american public. but this last thing to get to your specific question, i hate it, i just hate the political turmoil we've seen and the politics around the appointment of the next chairman of the fed. i don't like the way this has been handled. i just, i would like to have a decision made quickly. you know, we've got good people. larry summers is a very good man. he's highly regarded. he's very able. i don't, you know, janet yellen, outstanding. don kohn outstanding. there are, the key thing is, you know, we've got some good candidates. this is a very important decision. president obama's got to make. i have always argued that one of the, president bush made some very important decisions. i think picking ben bernanke was a very good one and

if you don't like it, barney frank, don't vote for it. >> david: the fact is right now they are tryingall the problems of the financial crisis on shoulder of the banks. the banks had some blame. so did the lawmakers. >> pay lawmakers in mortgage back security. here is a problem. bill clinton, barney frank, republicans are acting like the big boozezy bar tepidders and the big boozezy frat party handing out free drink and fake i.d.s. even if national bureau of economic research said they were trying to fix income inequality. no less than a progressive newspaper like "village voice" said they were trying to lay claim to record number of homeowners on their watch to act like a launch pad for political office. they were like the grand prix, you know, start flag guy at the monaco grand prix. for banks that compiling in, following what the government was doing. i blame banks, too, but it started with the federal pocies that caused the crisis. >> david: rich, emac makes a great point. when "village voice" comes out with a piece about andrew cuomo, now the governor of new york, he was head of t

treasury secretary hank paulson is here in a sunday morning exclusive along with former congressman barney frank and cnbc's maria bartiromo. i'm david gregory. all that adead on this edition of "meet the press." for sunday, september 15th. >> announcer: from nbc news in washington, the word's longest running television program, this is "meet the press." >>> and good sunday morning, secretary of state john kerry is on the ground in israel right now where he's meeting with prime minister benjamin netanyahu whose reaction to the deal is cautious but supportive. we'll get a response from senator john mccain in a moment. but first andrea mitchell just back from her travels with the secretary of state with the very latest on this deal. andrea, it amounts to this, assad and the russians committing to say exactly all the chemical weapons that he's got. >> right. >> and to get rid of them by the middle of next year. why shouldn't that be universally cheered? >> it is a very big deal, sweeping deal but there are a lot of ifs. is it going to work? the russians say they're speaking for assad. assad ha

barney, i think people would say it is a huge failure five years after the collapse. i guess it's five years in one week that fannie mae and freddie mac were taken over by the treasury department and there is still no plan and they remain wards of the state. they are doing better, obviously they are not bleeding money and returning some money to treasury. fundamentally, we have not come up with a plan for how to resolve fannie mae and freddie mac and get it out of government ownership. and then getting the subsidy right for housing in the united states. first of all, why hasn't this happened? are there any prospects for to happen soon and how would you do it? >> first, nothing had happened with fannie mae and freddie mac for a long time. the house passed a bill in 2005. the senate under republican control rejected that bill. oxley said george bush gave him the one finger salute. put in thete ever times."e financial paulsen in 2006 become secretary of treasury and says, we have to fix it. he says if you become the chairman, will you do that? i said yes. i knew we neede

barney frank cocreated the legislation known as dodd frank. to my right is the honorable bill thomas, who served in congress until 2007. he was the chair of the house ways and means committee. and for purposes here today, he was the vice-chairman of of the financial crisis inquiry commission. to my left is a member of the fcic who i have known for many years, headed the cbo for 4 years, was john mccain's economic adviser, and was on the council of economic advisers. a guy who, for whatever reason, when he calls me up to do this stuff, i always say yes. >> there may be people who do not know what cbo means. it is the congressional budget office. barney and i have one thing in common, if nothing else, we were frustrated over and over again by the congressional budget office on our plans based on what we thought they cost and what they told us, given their statutory power, it costs. >> always cost too much and never raised enough revenue. >> no, we knew that. [laughter] they just didn't say yes. >> i, for the record, loved working as the director

barney frank talking about homeownership coming up in just a moment. >> welcome back to krb. i'm kelly evans in for march rhea bartiromo, who will be back in tomorrow. >> she's on a regatta with larry ellison today. i don't know where she is. dow closing lower for the fourth day in a row. we're finishing on the street, as we mentioned, the dow continues to show weakness, down 63 points and two of its brand new components, goldman sachs and visa, contributing almost half those declines. nasdaq holding on to fractional gain. s&p down about four points today at 1697. >> joining us now to help break down the day, ann from wells fargo, march, todd and todd morgan from bel air investment advisers. we'll try to distinguish between the two todds. welcome to everyone. ann, first to you. we just watched stocks sell off sharply into the close, financials in particular. what does that tell you? >> i think it is the market just worried about what's going on at the fed and the debt ceiling, budget hearings, all that we have. more uncertainty in the market. uncertainty has really become an

so ben bernanke and i went and talked with barney.e explained he didn't have the emergency powers he had for emergency banks. we didn't have them for investment banks to wind them down and keep them outside of the bankruptcy process. barney explained -- it was true after he explained it. that we weren't able to get the authorities from congress. the only chance of getting them was to say we -- we'll have a huge crisis if we don't get them because it will fail. that would have brought it on us. but they ended up enacting those as part of dodd-frank. >> to make a factual point, the opposition was coming from the republicans than the democrats. strong wing of the republicans take on the financial services committee who said, let it happen. but that didn't fully answer your question. hank convinced me that ben bernanke, here was the problem -- if an institute failed, these were one of the two choices -- they could pay all or none of the debts. either one was unacceptable. lehman, none of the debts. aig, they paid the debts, everybody was

i'd been working with barney frank and others since late 2006 to reform fannie and freddie. i had a chance to work with nancy pelosi and harry reed and a lot of others, john boehner, on getting this stimulus bill done. and so to build relationships up there and relationships of trust. so to build -- there was a lot of work that had been done and i really saw the best out of members of congress twice. not just once but twice. >> rose: i mentioned the fact that what you did and didn't do. would you do it differently if you had more time and a different moment in terms of how you used not only the interview with hank but also sources to tell the narrative? >> you know, on the one hand this was a pretty rushed film. >> rose: you had a deadline. >> we didn't shoot those interviews until may and there was a tough film to edit. but i like the vibe of the film. we made a conscious decision instead of doing a straightforward documentary where you hear from a chorus of voices and different opinions, i wanted hank's story. >> rose: what is hank's story? so we're seeing hank's story? >>

former treasury secretary hank paulson is here as well as former congressman barney frank paulson isas well as former congressmthis isey frank an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three years we've put nearly 100 million dollars into american education. that's thousands of kids learning to love science. ♪ isn't that cool? and that's pretty cool. ♪ ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutionizing power. supercharging turbines with advanced hardware and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile shar

i agree with barney. when you just say think of the of0s in the u.s. terms the criminal element versus the government infrastructure, you -- bonniee and clyde and clyde crossing jurisdictions , state lines, submachine guns, they were so much ahead of the transportation and legal system at the time, we had to rethink the way the federal system operated and the jurisdiction. between world war i and world war ii, we had to make sure we could stop these new mechanisms coming in. government can never be a head of or outthink. what happened was, we got caught with a lot of very love for verye, as bernie said -- clever people, as bernie said, and theg new technology human desire to get something for nothing, and the technology got ahead of us. ultimately, it is transparency ability to understand so that when you legislate, you do not actually complicate the problem, you provide society with tools to be able to watch what is happening and monitor. that is one of the problems i have with the legislation that came out of the crisis. i think over time people are

but barney was the first one that explained to me. it was counterfactual.ou're never going to get counterfactual credit for the disaster that you avoided. and i agreed with him that the bonuses, legal though they were, they infuriated the american public. but this last thing to get to your specific question i just hate the political turmoil that we have seen and the politics around the appointment with the next chairman of the fed. i don't like the way that this has been handled. i would like to have this decision made quickly. we have got good people. larry summers is a really good man. he's highly regarded and able. i don't -- you know, if janet outstanding, john cohen, outstanding. we have good candidates. this is a very good decision president obama has got to make. i've always argued that president bush made some important decisions. i think that picking ben bernanke was a good one and a very important one. and i think this one is important and one of the things that really bothers me about washington is sometimes people disagree with you on policy the

former representative barney frank will join us. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> while we're watching the markets toward the close, this is going on in washington on the senate floor right now. ted cruz, the rookie -- the freshman senator, i should say, from texas, is on the floor right now. essentially trying to -- it's not a formal filibuster but he has been an architect on the bill that already passed the house that would pass the continuing resolution and defund what we know as obama care. the senate, as we all know, is not likely to pass a bill like that but it has not stopped senator cruz from continuing his efforts to try to get that done. he's on the floor right now in a sort of quasi filibuster on the fu

my 2-year-old son will walk up to a picture frame and swipe it and ask for elmo or barney. we have to live in the culture even our toddlers are tech obsessed. i wanted to write a children picture book on the same topic of finding sec life balance and remembering there's a beautiful world throughout too for our kids. >> host: when it comes to the children book, how do you approach it? >> guest: it has a strong female tech character named dot. she's a [speaking in foreign tongue]y little girl. she has her tablet, her phone, she's scholarship -- skyping and talking to everyone. her mom kind of forces her to go outside. and she has amazing adventure in the real world that kind of echo what she's doing on the digital devices. so it's it has that very happy lovely ending. .. it. >>. >>host: who are your parents? >> they're both doctors. my dad is a dentist mamma's a psychiatrist. my dad is very technological savvy i talk about that a lot with my first introduction into technology came to my dad in his office. in the impact had on our hope -- whole family obviously with facebook a

(phone rings) (groans) it's barney. dude, seriously, you need to stop calling me.i haven't returned your calls. yeah, i never called you. you called me 15 times and my parents twice. i'm sorry. i got to let you go. there's just too many good wingmen out there.

it was bought by a very extravagance clerk for his wife barney baron richie and it has a italian descendent. here's him and his wife at acting pock. now as this particular one divides into 3 sections. you can wear it as a short necklace as a chokerer or as a bracelet so one jewel goes a long way. it's interesting to see the relationship between jewels and other art forms. and for example here i know that if one looks if one questions why bully coin jewels so successful at the time i think they embrace the spirit of the moment and not surprisingly the success of counsel jewels was with the post modern architecture. and interesting both reference the past in a modern structure in a similar way and you can go precious this by comparing this sleek modern brass les let with 3 bronze rosen coins. their famous with you the at&t building by architect phillip johnson in manhattan whereby the skyscraper ends with a reference to a classic greek. so inserting the reference of the past in sleek modern sooebts. now the gas setting is something that bully did frequently to mount coins. and here's another

it reminds me of -- i grew up with "barney miller."inds me of "barney miller" except modern day. >> that's right. that's exactly what it feels like. it's "the wire" with jokes. that's what it is. >> wendy: right. right. >> it's not done like a spoof. not done like "police squad" or something crazy. it's done realistic. we deal with murders, robberies. >> wendy: can i tell the character? terry's character is a cop who's scared to be a cop now. that's why he drives the minivan. he's scared to go out and hold the gun. i'll tell you why -- becauseis wife just gave birth to twins. now he want to live for his daughters. so he's like a coward cop. >> my little twins, cagney and lacy. >> wendy: that's their names. so funny. you also are in a new animated movie. talk about it. >> yes, yes. "cloudy with a chance of meatballs 2." it's so huge. i always wanted to do animation. i'm animated anyway. this is the way i do it. i feel like i'm a live claymation. wendy: yes. >> for me to do this movie and get into this thing, i dreamed about it. i was a

barney woke up in some girl's bed.ly goes is, we lie here for a while, make a little awkward chitchat. check. then i make up some cabinet meeting, heart surgery, rocket test flight i've got to be at, slip out of the apartment and never call you again. and later at the bar, you tell your good friend robin the story of your latest conquest, and she thinks to herself, "who is this sad, self-loathing idiot who climbed into bed with barney stinson?" hmm.

and the fact of the matter is, i understand that barney franks thinks he did some important stuff.not been crossed -- >> -- it's hard to ask the guy whose name is on the bill, does the bill have teeth. that's a little counterproductive. >> i think that's right. and i think the problem with the dodd/frank approach, it assume ifs the regulation is clever enough, you can get things so, yes, the banks will be very big, but they will be safe and have ways to unwind them if necessary. the problem with the alternative approach from brown and vitter is that it's just this very gross leverage cap where you say, well, we'll make the banks safe by telling them that they have to have lots of equity. and i think that's a good policy. but if you just do that and you don't also do the complicated dodd/frank approach, then the banks can stuff themselves with really risky loans, where even if you have a lot of equity, you can still have failure. so i think you need both. i have his frustration. there's a lot of value in the dodd/frank law. there are things that it's doing that will make the financi

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlysir. it's great to have you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. ♪ honey, we need to talk. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay. i did a little research. with a medicare supplement plan, you'll be able to stay with your doctor. oh, you know, i love that guy. mm-hmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. and there are no networks. is this a one-size-fits-all kind of thing? no. t

"is barney baruch buying? what about the big boys at national city bank?"he dominant economic voice belonged to andrew mellon, the secretary of the treasury from 1921 to 1931. eveyone was convinced the smartest man in america was the secretary of commerce, herbert hoover. even the hardened cynics of the washington press corps were impressed by hoover. i had unstinted admiration for him. he would sit at the end of a long table, and reporters would sit on either side. we'd each ask a question. he'd look fixedly down-- he was shy-- and after the last man had asked his question he'd put his head up. he'd remember each question and answer it. he knew more about what was going on in america than any other american. we'd say "this is an incredible man." then, one day, the magic stopped working. the business community tried to weather the storm. president hoover told the nation the slump was temporary, that prosperity was just around the corner. calming words couldn't reverse the decline. willard thorp was an early analyst of the business cycle. he recalls the mood

. >> barney is not happy with where we are today.he president on down, politicians talk about how war weary this country is. what do you think of that? >> we could go and get some of this done faster if we're going to go, let's go. let's do it. let's do it right. hit 'em hard and come home. you know, it's like if a wasp lands on you and you smash it, that wasp is dead. but if you just flick it a little bit make him mad and he'll come at you with vengeance. >> he said the medal has set a standard. he's trying to live up to it this lavl last half century. >> i would never do or say anything to tarnish the history of this medal and what it stands for. >> barney now works with seg for vets. it gives back seriously injured veterans back some mobility. that's it for today. have a great week and we'll sue you next "fox news sunday." >> "fox news sunday" is a presentation of fox news. >>> this is the "report sunday." tonight, why didn't u.s. senators work today after the house pulled an all-nighter trying to keep the federal government runni

characters robin and barney make a startling discovery about a family matter in how i met your mother. the premiere tomorrow. and does your mom drive you crazy? wait until you meet moms starring anna faris as a newly sober mother and her difficult mother. >> she loves me. but she also, uhm, makes me crazy in the way that only moms can do. >> also new to mondays toni collette and a new drama hostages. she is a top surgeon taken hostage by a rogue fbi agent played by mcdermott who gives her a choice kill the president or her family will die. >> she is faced with a huge dilemma. hopefully people who watch the show are going to ask themselves that question, what would you do? i think that's going to be the fun of the show. >> here's a rundown. a whole hour of how i met your mother at 8:00. two broke girls, season premier at 9:00. and the series premier of mom at 9:30 tonight. and hostages at 10 followed of course by the news with ken bastida and elizabeth cook at 11:00 tonight. >>> a reminder if you have a consumer problem or question, call our hotline 888-5-helps-u. volunteers are there

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlyave you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. w the ciabatta is e and the pain is starting again. more pills? seriously? seriously. [ groans ] all these stops to take more pills can be a pain. can i get my aleve back? ♪ for my pain, i want my aleve. [ male announcer ] look for the easy-open red arthritis cap. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. ahoy, mateys. house? hello, dear. hello. hello. van with airbrushed fire-breathing dragons. ah! check. thank you. the more you bundle, the more you save. now, that's progressive. jbut when it comes to investing, things i prefer to do on my own. i just think it's better to work with someone. someone you feel you can really partner with. unfortunately, i've found that some brokerage firms don't always encourage that kind of relationship. that's why i stopped working at the old broke

maxine waters, nancy pelosi, barney frank or steve jobs or people of his illk?all of the above. >> david: wait a minute. you would put steve jobs in the same category as nancy pelosi? >> i really don't. i admit it. i don't. but let me point a few things out quickly. a buddy of mine that is the founder of the new york state tea party suggested i run an exercise. i suggest you do the same. go to john boehner's website and in the search a following words. "minority employment. minority unemployment." anything like that. you know what you find? absolutely nothing. if the speaker of the house is not working on snore in terms of spending government money? >> just to see if he -- >> help a particular group. >> even talking about it. >> he is talking about it. >> no, he is not. go to his website and you'll see it >> if they want to help minority, a huge part of the president's base, maybe they shouldn't at war against the educationage freedom opportunities like in louisiana. this is unbelievable. we are talking about women, minorities and the poor. wrapped up in one. th

barney frank, former democratic congressman from massachusetts, i miss seeing you here more frequentlysir. it's great to have you back. thank you. >> thanks, rachel. >> best new thing in the world today is coming up. stay with us. vo: two years of grad school. 20 years with the company. thousands of presentations. and one hard earned partnership. it took a lot of work to get this far. so now i'm supposed to take a back seat when it comes to my investments? there's zero chance of that happening. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you want. talk to us today. ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutionizing power. supercharging turbines with advanced hardware and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ ♪ [ male announcer ] some things are designed to draw crowds. ♪ ♪ others are designed to leave them behind. ♪ the all-new 2014 lexus is. it's your move. here it is. a whole new idea. never be

this book -- this project began with a phone call for barney frank. i have to confess this to todd back in 09 nervously. i met bernie just the other day in 1961. we were both student politicians at the national student congress. i calculated chris penn was a teen about start his prep i believe. anyway, bernie and i stood firmly for my time on. i watched his extraordinary career. interestingly i was 18 and he was 21. we both knew exactly what we wanted to do and we're both lucky enough to do it. i was a bigger deal bernie's case because he heard he knew he was and erd knew that would be an impediment to his political ambitions. luckily he got around that ultimately. when he made that phone call, he was being a good pal. he said your next book out to be about this stuff. the work? the crash, all that's going on is a huge story. he had after patient waiting, just ascended two years earlier to the chairmanship of the national services committee as todd had just said in exactly the same moment as chairmanships. dogs wait to see them longer, a story he thus

barney frank, thank you very much for joining us and coming.e blom berg business week. on news stands right now. hank, five years from the brink will stream on netflix on september 16th. coming up, we have pope francis trying to shape things up in a big way. what his recent comments on priest celibacy can mean. faith on fridays is next with father james martin. [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ >> only judy can judge me. number eight, i just purelled, don't kiss the ring. we get it, tebow, we like jesu

you see people like paul and barney

even barney frank says that mainstream commercial banks did not cause this crisis.ed, and demonized the entire banking industry, the 20 who were the guilty parties and the 7,000 who were innocent. our reputations were probably permanently tarnished. ashley: right. >> the, too big to fail and more hazard has been institutionalized. we have 40,000 pages upcoming of bank regulations, on again, banks who did no wrong. i don't even think small banks are going to survive all this extra regulation. and finally, the bond market also collapsed as as a result of this and, federal receive had to put in $2 trillion. and, bank investors, particularly small investors, lost hundreds of billions of dollars as this 80% falling in the stock prices. so it's been a disaster. it continues to this day. you have the 1% and 99% and people believe that wall street was bailed out and main street wasn't and this was really the fault of tarp as they made a very big mistake of putting everyone in the same box. ashley: does the same risk exist today, dick, with regard to the financial system? or

you have howard dean, the virginia black caucus, barney frank, unions -- there's been a list of democrats and democrat-affiliated groups that have come out to either voice concerns, ask for changes, express frustration or outright oppose parts of this legislation. >> and never threaten to shut down america's government. and we, frankly, are having, i think, a grown-up discussion inside our party about ways to make it better. what you guys are doing is having a brawl on the front yard in front of everybody when you've got people calling each other fraud's. that's different. my concern is this -- if you have a republican party that a leader like boehner comes out and says, let's move on, and then get pulled out to the right by a small faction, that's not healthy for the republicans or for america. >> in the "crossfire" tonight are democratic congressman charlie rangel and republican congresswoman michele bachmann. welcome to you both. congressman rangel, republicans don't want a government shutdown. speaker boehner is going to the floor tomorrow to keep the government funded and running and